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NSE Jul 01, 2025 15:31 PM
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Q4FY18 Result Update - Margins slightly under pressure; Accumulate

Prabhudas Lilladhar
For Q4FY18, Wabco India (WIL) reported net profit of Rs772mn, up 56% YoY and 21% QoQ, but below PLe of Rs822mn. While overall revenue for the quarter was ahead of our expectations at Rs7.85bn (~9% above PLe), growing 36% YoY/21% QoQ(whereotheroperatingincomewashigher45%YoY),operatingperformance missedestimateswithEBITDAmarginloweringto110bpsQoQ(higher90bpsYoY) to 14.3% (PLe: 17%). Disappointment in OPM was mainly on account of gross margins being lower 320bps YoY and 310bps QoQ, whereas other expenses and...
ZF Commercial Vehicle Control Systems India Ltd. is trading above all available SMAs
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