ZF Commercial Vehicle Control Systems India Limited announced its unaudited financial results for the third quarter of FY26, demonstrating solid performance across key financial metrics. The Chennai-based automotive components manufacturer reported encouraging growth in both standalone and consolidated operations for the quarter ended 31st December 2025.

Financial Performance Overview

The company's consolidated financial results showed robust revenue growth, with total income reaching ₹110,495.66 lakhs compared to ₹97,893.18 lakhs in the corresponding quarter of the previous year. This growth was primarily driven by strong performance in the automotive components and allied services segment.

Standalone Results Performance

On a standalone basis, the company reported revenue from operations of ₹105,765.40 lakhs for Q3 FY26, compared to ₹95,588.98 lakhs in Q3 FY25. Net profit after tax on standalone basis reached ₹13,868.20 lakhs versus ₹12,490.83 lakhs in the previous year's corresponding quarter.

Nine-Month Period Results

For the nine-month period ended 31st December 2025, consolidated revenue from operations stood at ₹296,370.86 lakhs compared to ₹281,908.55 lakhs in the corresponding period of the previous year. Consolidated net profit after tax for the nine-month period was ₹37,082.63 lakhs against ₹33,401.37 lakhs in the previous year.

Exceptional Items and Labour Code Impact

The company recognized an exceptional item of ₹793.51 lakhs during the quarter, related to the implementation of new Labour Codes notified by the Government of India on 21st November 2025. This one-time provision increase for employee benefits arose from the consolidation of existing labour laws under four new codes.

Corporate Developments

The Board of Directors approved conducting a postal ballot process to seek shareholder approval for proposed material related party transactions with ZF CV Systems Global GmbH during FY 2026-27. The cut-off date for determining eligible members for the postal ballot process has been set as 13th February 2026.

Business Segment Information

The company operates in a single segment of automotive components and allied services. Revenue breakdown for Q3 FY26 on consolidated basis included:

• Sale of products: ₹94,058.58 lakhs
• Sale/rendering of services: ₹12,639.13 lakhs
• Other operating revenue: ₹793.38 lakhs

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 10th February 2026. The results have been subjected to limited review by statutory auditors B S R & Co. LLP, who issued an unqualified review report.

ZF Commercial Vehicle Control Systems India Ltd. has executed a significant block trade on the National Stock Exchange (NSE), marking a notable transaction in the commercial vehicle components sector.

Block Trade Details

The company completed a substantial institutional transaction through the NSE block trading mechanism. The trade represents a significant volume of shares changing hands in a single transaction.

Market Significance

Block trades of this magnitude typically involve institutional investors, mutual funds, or other large market participants. Such transactions are executed outside the regular market to avoid impacting the stock's market price during normal trading hours.

The price of ₹15,049.00 per share reflects the premium nature of the stock and indicates the company's position in the commercial vehicle control systems segment. The transaction value of ₹79.14 crores demonstrates the substantial interest from institutional investors in the company's shares.

About the Transaction

Block trading mechanisms allow large investors to trade significant volumes without causing excessive price volatility in the regular market. These transactions are typically pre-negotiated between parties and executed through special trading sessions on the exchange.