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Audited Results of ZF Steering Gear (India) Ltd. Company

(Rs in Cr.)	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Operating Income	450.43	312.80	201.48	286.57	439.42
Manufacturing Expenses	14.69	10.67	8.53	10.76	13.83
Personnel Expenses	55.91	47.39	39.63	44.23	51.48
Selling Expenses	0	0	0	0	0
Administrative Expenses	30.62	22.90	16.01	26.14	26.75
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	394.31	272.18	183.20	253.66	362.23
Operating Profit	56.12	40.62	18.28	32.91	77.20
Other Recurring Income	13.98	20.98	26.36	3.64	8.90
Adjusted PBDIT	70.10	61.60	44.64	36.55	86.09
Financial Expenses	0.72	0.31	0.29	1.09	1.94
Depreciation	32.18	31.39	37.59	32.47	31.03
Other Write offs	0	0	0	0	0
Adjusted PBT	37.20	29.90	6.76	2.99	53.13
Tax Charges	11.76	11.63	-2.09	3.27	-12.42
Adjusted PAT	25.44	18.27	8.85	-0.28	65.54
Non Recurring Items	-0.97	0.20	0.74	-0.88	-67.20
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	25.44	18.27	8.85	-0.28	-1.31
Equity Dividend	0	0	0	0	5.77
Preference Dividend	0	0	0	0	0
Retained Earnings	172.84	148.37	129.90	120.31	122.96

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