WABCO reports 23% jump in Q1 net profit

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

25 Jul 2012 Evaluate

WABCO-TVS (India) has reported results for first quarter ended June 30, 2012.

The company has registered a rise of 22.52% in its net profit at Rs 41.84 crore for the quarter under review as compared to Rs 34.15 crore for the same quarter in the previous year. The total income from operations of the company has increased marginally by 2.28% at Rs 249.29 crore for Q1FY13 as compared Rs 243.81 crore for the corresponding quarter previous year.

Wabco India has pioneered the engineering and manufacture of air-assisted and air brake systems for commercial vehicles in India, and the company continues to expand its technology portfolio offered to manufacturers of trucks, buses and trailers.

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