Wabco India reports 27% fall in Q1 net profit

ZF Commercial Vehicle Control Systems India Ltd. | Auto Ancillary | Automobiles | BSE: 533023 | NSE: ZFCVINDIA

28 Jul 2017 Evaluate

Wabco India has reported results for first quarter ended June 30, 2017.

The company has reported a fall of 27.49% in its net profit after tax at Rs 54.22 crore for the quarter under review as compared to Rs 74.78 crore for the same quarter in the previous year. Total income of the company decreased 3.73% at Rs 576.67 crore for Q1FY18 as compared to Rs 599.01 crore for the corresponding quarter previous year.

Wabco India is the leading provider for air brake actuation systems for commercial vehicles.

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