ZF Commercial Vehicle Control Systems India Limited announced its unaudited financial results for the quarter ended December 31, 2025. The Board of Directors approved both standalone and consolidated results following a limited review. Key highlights include total income reaching ₹108,953.01 lakhs (Standalone) for the quarter. The Board also approved the conduct of a Postal Ballot regarding material related party transactions.
Board Meeting Outcome and Financial Results Approval
The Board of Directors of ZF Commercial Vehicle Control Systems India Limited convened on February 10, 2026, to review and approve the Unaudited Financial Results for the quarter ended December 31, 2025. The meeting commenced at 14.05 hours (IST) and concluded at 15.35 hours (IST). The approved results pertain to both Standalone and Consolidated financial statements, which have undergone a Limited Review by the statutory auditors.
Standalone Financial Performance Summary (Q3 FY2026)
For the quarter ended December 31, 2025, the Standalone performance showed:
- Total Income: ₹108,953.01 lakhs (compared to ₹97,306.55 lakhs in the corresponding quarter last year).
- Profit After Tax (PAT): ₹13,868.20 lakhs (compared to ₹12,490.83 lakhs in the corresponding quarter last year).
- Earnings Per Share (Basic/Diluted): ₹73.12 (compared to ₹65.85 in the corresponding quarter last year).
For the Nine Months Period ended December 31, 2025, the Standalone PAT stood at ₹36,532.69 lakhs.
Consolidated Financial Performance Summary (Q3 FY2026)
The Consolidated results for the Group, which includes its subsidiary ZF CV Control Systems Manufacturing India Private Limited, also showed growth:
- Total Income: ₹110,495.66 lakhs for the quarter ended December 31, 2025.
- Profit After Tax (PAT): ₹14,017.43 lakhs for the quarter ended December 31, 2025.
- Earnings Per Share (Basic/Diluted): ₹73.90 for the quarter.
The Consolidated PAT for the Nine Months Period ended December 31, 2025, was ₹37,082.63 lakhs.
Exceptional Item Disclosure
Both the Standalone and Consolidated results include an Exceptional Item amounting to ₹793.51 lakhs. This amount relates to the estimated one-time increase in the provision for employee benefits due to the Government of India notifying the four Labour Codes, which were assessed as non-recurring in nature for the current reporting period.
Shareholder Approval via Postal Ballot
The Board has approved initiating a Postal Ballot process to seek shareholder approval for proposed material related party transactions with M/s. ZF CV Systems Global GmbH for the financial year 2026-27. The cut-off date for determining eligible members is set for February 13, 2026.
Auditor’s Review Report
The Limited Review Reports for both the Standalone and Consolidated financial statements, provided by BSR & Co. LLP, Chartered Accountants, were unqualified.
Management Certification
Separately, a certification dated February 10, 2026, signed by Muthulakshmi M (Company Secretary), confirmed that, to the best of their knowledge, the results do not contain false or misleading statements.
A subsequent certification, dated January 27, 2026, signed by Sweta Agarwal (CFO) and Paramjit Singh Chadha (MD), also affirmed the accuracy of the financial results for the quarter ended December 31, 2025.
Source: BSE
