ZF Steering Gear (India) Ltd 2024 AR2
The report highlights ZF Steering Gear (India) Limited's financial and operational performance for the fiscal year 2023-2024. The company achieved a significant increase in profit before tax to Rs. 56.04 crore, driven by a surge in other income and robust performance in its auto-components and renewable energy segments. Strategic backward integration was advanced through its three subsidiaries, including DriveSys Systems, which commenced commercial production in March 2024. Additionally, the company generated substantial clean energy from its solar and wind power projects, with wind energy meeting approximately 42.4% of the energy consumption at its Vadu Budruk plant.
Company: ZF Steering Gear (India) Ltd
Sector: Consumer Discretionary
Country: India
Year: 2024
Type: AR2
Pages: 208
ZF Steering Gear (India) Ltd
Annual Report
The report highlights ZF Steering Gear (India) Limited's financial and operational performance for the fiscal year 2023-2024. The company achieved a significant increase in profit before tax to Rs. 56.04 crore, driven by a surge in other income and robust performance in its auto-components and renewable energy segments. Strategic backward integration was advanced through its three subsidiaries, including DriveSys Systems, which commenced commercial production in March 2024. Additionally, the company generated substantial clean energy from its solar and wind power projects, with wind energy meeting approximately 42.4% of the energy consumption at its Vadu Budruk plant.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees