ZF Steering Gear (India) Ltd. reported unaudited standalone earnings results for third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations of INR 701.47 million against INR 612.72 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 38.017 million against INR 48.79 million a year ago. Profit from ordinary activities before tax was INR 49.11 million against INR 55.66 million a year ago. Net profit for the period was INR 44.81 million or INR 4.94 per basic and diluted share before and after extraordinary items against net loss of INR 146.89 million or INR 16.19 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, the company reported net sales/income from operations of INR 2,350.49 million against INR 2,098.39 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 236.77 million against INR 281.13 million a year ago. Profit from ordinary activities before tax was INR 277.00 million against INR 323.35 million a year ago. Net profit for the period was INR 218.38 million or INR 24.07 per basic and diluted share before and after extraordinary items against INR 45.66 million or INR 5.03 per basic and diluted share before and after extraordinary items for the same period a year ago.