ZF Steering Gear (India) Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 1,193.2 million compared to INR 1,057.4 million a year ago. Revenue was INR 1,252.1 million compared to INR 1,101.1 million a year ago. Net income was INR 125.2 million compared to INR 53.9 million a year ago. Basic earnings per share from continuing operations was INR 13.8 compared to INR 5.94 a year ago. Diluted earnings per share from continuing operations was INR 13.8 compared to INR 5.94 a year ago.
For the six months, sales was INR 2,401.9 million compared to INR 2,160.3 million a year ago. Revenue was INR 2,528.9 million compared to INR 2,177 million a year ago. Net income was INR 242 million compared to INR 102.1 million a year ago. Basic earnings per share from continuing operations was INR 26.66 compared to INR 11.25 a year ago. Diluted earnings per share from continuing operations was INR 26.66 compared to INR 11.25 a year ago.