BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
ZF Commercial Vehicle Control Systems India Ltd. (erstwhile Wabco India Ltd.), now part of the ZF Group, is the market leader in commercial vehicle braking space and a technology-focused complete solutions provider.
The company reported a healthy performance in Q1 FY23. Total operating income for the quarter came in at Rs 798.4 crore, up 2% QoQ.
Ebitda came in at Rs 98.7 crore with margins at 12.4% up 100 basis points QoQ.
ZF Commercial Vehicle's profit after tax for the quarter ended was at Rs 62.4 crore, up 10% on a QoQ basis.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.