Quarterly Result12 May 2026, 01:25 pm
ZF Steering Gear India: FY26 Revenue at ₹577.88 Cr
AI Summary
ZF Steering Gear India Ltd. announced audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Key decisions from the board meeting on May 12, 2026, include the re-appointment of Mr. Dinesh Munot as Chairman and Whole-Time Director, and Mr. Utkarsh Munot as Managing Director. The board also approved the expansion of casting capacity at Metacast Auto Private Limited, a material subsidiary, from 10,000 to 25,000 metric tonnes per annum with an investment of approximately ₹25 crore.
Key Highlights
- Audited financial results for FY26 approved with revenue from operations at ₹577.88 Cr.
- Dinesh Munot re-appointed as Chairman and Whole-Time Director for five years.
- Utkarsh Munot re-appointed as Managing Director for five years.
- Metacast Auto's casting capacity to expand from 10,000 to 25,000 metric tonnes.
- Expansion of Metacast Auto to be funded primarily through borrowings of ₹25 crore.