ZF Commercial Vehicle Q4 results: Net profit climbs 78% YoY to ₹102 Cr, Board declares ₹13 per share dividend

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Key Points

ZF Commercial Vehicle Control Systems India is a large cap consumer discretionary company that recorded a market cap of 20,115.03 Cr during Thursday's closing session..

The Board of Directors of the Company at its meeting held today have recommended a dividend of Rs.13/- per equity share of Re.5/- each for the financial year ended March 31, 2023 to the shareholders for approval..

For the payment of dividend, the Record date is July 7th 2023," said ZF Commercial Vehicle Control Systems India in a stock exchange filing..

The net profit of ZF Commercial Vehicle Control Systems India reached 101.20 Cr during the quarter ended March 2023 up by 78.80% YoY from 56.60 Cr during the quarter ended March 2022..

The shares of ZF Commercial Vehicle Control Systems India closed today on the BSE at 10604.95 apiece up by 0.74% from the previous close of 10526.80..

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