{"id":346742,"date":"2026-11-13T16:43:02","date_gmt":"2026-11-13T11:13:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/"},"modified":"2026-11-13T16:43:02","modified_gmt":"2026-11-13T11:13:02","slug":"zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/","title":{"rendered":"ZF Commercial Vehicle Control Systems India Q2 Results FY27: PAT Rises 14.42% to Rs 123.89 Cr, Revenue Rs 1,190.54 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">ZF Commercial Vehicle Control Systems India Q2 Results FY27 were declared on 13 November 2026, with revenue of Rs 1,190.54 Cr, up 30.36% YoY from Rs 913.24 Cr. Net profit rose 14.42% YoY to Rs 123.89 Cr from Rs 108.28 Cr. These quarterly results for July to September 2026 show YoY growth that was stronger on the revenue line than on the net profit line. Univest has the full breakdown below.<\/p>\n<\/div>\n<p><a href=\"https:\/\/univest.in\/stocks\/zfcvindi\/zf-commercial-vehicle-control-systems-india-ltd-share-price-today\">ZF Commercial Vehicle Control Systems India Ltd<\/a> (ZFCVINDIA) Q2 Results FY27 announced on 13 November 2026, covering the company&#8217;s financial performance for the July to September quarter. The results date brought revenue of Rs 1,190.54 Cr and PAT of Rs 123.89 Cr, both higher than a year earlier. Investors tracking ZF Commercial Vehicle Control Systems India Q2 Results FY27 on NSE and BSE get the full picture in the sections below.<\/p>\n<p>This results analysis of ZF Commercial Vehicle Control Systems India Q2 Results covers the financial highlights, the business drivers, the FY27 outlook and the key risks. Univest Screener users can follow each step, beginning with the Financial Highlights table that sets this quarter against the same quarter last year.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27_Financial_Highlights\" title=\"ZF Commercial Vehicle Control Systems India Q2 Results FY27: Financial Highlights\">ZF Commercial Vehicle Control Systems India Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Key_Takeaways_from_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from ZF Commercial Vehicle Control Systems India Q2 Results: What Stands Out\">Key Takeaways from ZF Commercial Vehicle Control Systems India Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27_Performance_Analysis\" title=\"ZF Commercial Vehicle Control Systems India Q2 Results FY27: Performance Analysis\">ZF Commercial Vehicle Control Systems India Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#FY27_Outlook_After_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\" title=\"FY27 Outlook After ZF Commercial Vehicle Control Systems India Q2 Results\">FY27 Outlook After ZF Commercial Vehicle Control Systems India Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Key_Risks_to_Watch_After_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"Key Risks to Watch After ZF Commercial Vehicle Control Systems India Q2 Results FY27\">Key Risks to Watch After ZF Commercial Vehicle Control Systems India Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Narrower_Net_Profit_Margin\" title=\"Narrower Net Profit Margin\">Narrower Net Profit Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Return_on_Equity_Below_15\" title=\"Return on Equity Below 15%\">Return on Equity Below 15%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Profit_Lagging_Revenue\" title=\"Profit Lagging Revenue\">Profit Lagging Revenue<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Frequently_Asked_Questions_on_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"Frequently Asked Questions on ZF Commercial Vehicle Control Systems India Q2 Results FY27\">Frequently Asked Questions on ZF Commercial Vehicle Control Systems India Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_are_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What are ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What are ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_is_the_results_date_for_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What is the results date for ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What is the results date for ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_revenue_was_reported_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What revenue was reported in ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What revenue was reported in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_net_profit_was_reported_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What net profit was reported in ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What net profit was reported in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#How_much_YoY_growth_did_revenue_show_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">How much YoY growth did revenue show in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Did_net_profit_rise_or_fall_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\" title=\"Did net profit rise or fall in ZF Commercial Vehicle Control Systems India Q2 Results?\">Did net profit rise or fall in ZF Commercial Vehicle Control Systems India Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_was_the_net_profit_margin_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What was the net profit margin in ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What was the net profit margin in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_were_the_prior_year_figures_compared_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\" title=\"What were the prior year figures compared in ZF Commercial Vehicle Control Systems India Q2 Results?\">What were the prior year figures compared in ZF Commercial Vehicle Control Systems India Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_business_factors_shaped_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What business factors shaped ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What business factors shaped ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_are_the_key_risks_after_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\" title=\"What are the key risks after ZF Commercial Vehicle Control Systems India Q2 Results FY27?\">What are the key risks after ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#What_is_the_outlook_after_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\" title=\"What is the outlook after ZF Commercial Vehicle Control Systems India Q2 Results?\">What is the outlook after ZF Commercial Vehicle Control Systems India Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/zf-commercial-vehicle-control-systems-india-q2-results-fy27-pat-124-crore\/#Where_can_I_find_the_complete_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27_data\" title=\"Where can I find the complete ZF Commercial Vehicle Control Systems India Q2 Results FY27 data?\">Where can I find the complete ZF Commercial Vehicle Control Systems India Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>ZF Commercial Vehicle Control Systems India Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 1190.54 Cr<\/td>\n<td>Rs 913.24 Cr<\/td>\n<td>+30.36% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs 123.89 Cr<\/td>\n<td>Rs 108.28 Cr<\/td>\n<td>+14.42% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for ZF Commercial Vehicle Control Systems India Q2 Results FY27, 13 November 2026. Figures in Rs Crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from ZF Commercial Vehicle Control Systems India Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Revenue:<\/strong> Revenue rose 30.36% YoY to Rs 1,190.54 Cr in July to September 2026, against Rs 913.24 Cr in the same quarter last year.<\/li>\n<li><strong>Net profit:<\/strong> Net profit climbed 14.42% YoY to Rs 123.89 Cr from Rs 108.28 Cr, which is clear YoY growth on the bottom line.<\/li>\n<li><strong>Margin:<\/strong> Net profit margin narrowed to 10.4% from 11.9%, as net profit grew slower than revenue in ZF Commercial Vehicle Control Systems India Q2 Results FY27.<\/li>\n<li><strong>Balance sheet:<\/strong> The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26, and return on capital employed was 20.23%.<\/li>\n<li><strong>Next:<\/strong> The performance analysis below compares the revenue and net profit trajectories in more detail.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>ZF Commercial Vehicle Control Systems India Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The numbers show revenue growing faster than net profit. Revenue reached Rs 1,190.54 Cr, up 30.36% YoY from Rs 913.24 Cr, while net profit reached Rs 123.89 Cr, up 14.42% YoY from Rs 108.28 Cr. This ZF Commercial Vehicle Control Systems India Q2 Results FY27 snapshot therefore pairs strong top-line expansion with a slower bottom-line gain.<\/p>\n<p>In this results analysis, the gap between 30.36% revenue growth and 14.42% net profit growth stands out. Each rupee of sales left less for the bottom line than in the comparison quarter, as the margin of 10.4% against 11.9% shows. The supplied data for ZF Commercial Vehicle Control Systems India Q2 Results confirms the movement but does not establish its specific cause, so the next section sticks to the disclosed drivers.<\/p>\n<p>Investors following the quarterly results will watch whether YoY growth in revenue keeps converting into net profit in later quarters. Subsequent disclosures will show whether the margin gap persists, and the Univest app lists each new filing as it arrives. That brings the results analysis to the business factors behind this quarter.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue growth<\/strong> &#8211; The results analysis points first to revenue, which grew 30.4% YoY to Rs 1,190.54 Cr in the latest quarter. That top-line expansion is the largest single movement in the ZF Commercial Vehicle Control Systems India Q2 Results FY27 figures.<\/p>\n<p><strong>Return on capital employed<\/strong> &#8211; Return on capital employed was 20.23% in FY26, a disclosed measure of how efficiently the company used its capital. It sits alongside the quarterly results as a longer-period reference point.<\/p>\n<p><strong>Debt position<\/strong> &#8211; The company is almost debt free, with a debt-to-assets ratio of 0.00 in FY26. This is a disclosed feature of the balance sheet that stands behind the latest quarterly results.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\"><\/span><strong>FY27 Outlook After ZF Commercial Vehicle Control Systems India Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>FY27 full-year results will depend on the quarters still to be reported. This results analysis does not extend any figure beyond the numbers declared, so the Rs 123.89 Cr net profit and Rs 1,190.54 Cr revenue of July to September 2026 remain the reference points. Investors can compare each new quarter with them.<\/p>\n<p>Sector conditions disclosed in later filings will also shape how ZF Commercial Vehicle Control Systems India Q2 Results FY27 is read at the year end. Net profit growth of 14.42% YoY and revenue growth of 30.36% YoY give a measured baseline, and the risks that follow are drawn from the same figures.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After ZF Commercial Vehicle Control Systems India Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Narrower_Net_Profit_Margin\"><\/span><strong>Narrower Net Profit Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit margin narrowed to 10.4% from 11.9% in the comparison quarter. Investors will track whether the margin recovers in later quarters after ZF Commercial Vehicle Control Systems India Q2 Results FY27, since it narrowed even as revenue rose.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Return_on_Equity_Below_15\"><\/span><strong>Return on Equity Below 15%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Return on equity of 14.98% in FY26 is below 15%. This is a supplied benchmark observation, and it frames how investors weigh the YoY growth in revenue against the returns earned on shareholder capital.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Profit_Lagging_Revenue\"><\/span><strong>Profit Lagging Revenue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit grew 14.4% against revenue growth of 30.4%, so less of each rupee of sales reached the bottom line. The gap between the two growth rates is the figure to watch in the next disclosure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The quarterly results show revenue up 30.36% YoY to Rs 1,190.54 Cr and net profit up 14.42% YoY to Rs 123.89 Cr. ZF Commercial Vehicle Control Systems India Q2 Results FY27 therefore pair strong revenue growth with a slower profit gain. The margin and return figures above are the items to track next. Anyone using ZF Commercial Vehicle Control Systems India Q2 Results for decisions should consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on ZF Commercial Vehicle Control Systems India Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What are ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India Q2 Results FY27 were declared on 13 November 2026 with revenue of Rs 1,190.54 Cr. Alongside this, net profit was Rs 123.89 Cr, as the Quick Answer box above summarises.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What is the results date for ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The results date was 13 November 2026 for ZF Commercial Vehicle Control Systems India, covering July to September 2026. This date is also stated in the opening section, which introduces the quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What revenue was reported in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India reported revenue of Rs 1,190.54 Cr for Q2 FY27. Compared with Rs 913.24 Cr a year earlier, this is the revenue base the Financial Highlights table sets out.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What net profit was reported in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India Q2 Results FY27 show net profit of Rs 123.89 Cr, compared with Rs 108.28 Cr a year earlier. This means net profit growth, covered under Performance Analysis, was 14.42% YoY.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue showed YoY growth of 30.36% in ZF Commercial Vehicle Control Systems India&#8217;s quarter, rising from Rs 913.24 Cr to Rs 1,190.54 Cr. This growth rate leads the Key Takeaways section.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\"><\/span><strong>Did net profit rise or fall in ZF Commercial Vehicle Control Systems India Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India Q2 Results show that net profit rose 14.42% YoY to Rs 123.89 Cr. That rise was slower than the 30.36% revenue growth, as the Performance Analysis section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_net_profit_margin_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What was the net profit margin in ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India had a net profit margin of 10.4% in the latest quarter, compared with 11.9% in the comparison quarter. So the margin narrowed even as revenue grew, a point covered under Key Risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_prior_year_figures_compared_in_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\"><\/span><strong>What were the prior year figures compared in ZF Commercial Vehicle Control Systems India Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India Q2 Results compare with the same quarter last year, when revenue was Rs 913.24 Cr and net profit was Rs 108.28 Cr. These YoY figures sit in the Financial Highlights table.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What business factors shaped ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Three disclosed factors shaped ZF Commercial Vehicle Control Systems India&#8217;s quarter: 30.4% revenue growth, return on capital employed of 20.23% in FY26, and an almost debt free balance sheet. These appear in Key Business Factors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27\"><\/span><strong>What are the key risks after ZF Commercial Vehicle Control Systems India Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key risks after the results are a narrower net profit margin of 10.4%, return on equity of 14.98% in FY26 below 15%, and profit growth lagging revenue growth. Key Risks to Watch expands on each.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results\"><\/span><strong>What is the outlook after ZF Commercial Vehicle Control Systems India Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ZF Commercial Vehicle Control Systems India Q2 Results leave the FY27 outlook dependent on quarters still to be reported. Later disclosures will show how net profit develops, as the Outlook section notes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_ZF_Commercial_Vehicle_Control_Systems_India_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete ZF Commercial Vehicle Control Systems India Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The complete ZF Commercial Vehicle Control Systems India Q2 Results FY27 data is in the Financial Highlights table, while the company&#8217;s NSE and BSE filings carry the full statements. Univest Screener also tracks this quarter.<\/p>\n<p><script type=\"application\/ld+json\" class=\"faq-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are ZF Commercial Vehicle Control Systems India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ZF Commercial Vehicle Control Systems India Q2 Results FY27 were declared on 13 November 2026 with revenue of Rs 1,190.54 Cr. Alongside this, net profit was Rs 123.89 Cr, as the Quick Answer box above summarises.\"}},{\"@type\":\"Question\",\"name\":\"What is the results date for ZF Commercial Vehicle Control Systems India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The results date was 13 November 2026 for ZF Commercial Vehicle Control Systems India, covering July to September 2026. 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That rise was slower than the 30.36% revenue growth, as the Performance Analysis section explains.\"}},{\"@type\":\"Question\",\"name\":\"What was the net profit margin in ZF Commercial Vehicle Control Systems India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ZF Commercial Vehicle Control Systems India had a net profit margin of 10.4% in the latest quarter, compared with 11.9% in the comparison quarter. So the margin narrowed even as revenue grew, a point covered under Key Risks.\"}},{\"@type\":\"Question\",\"name\":\"What were the prior year figures compared in ZF Commercial Vehicle Control Systems India Q2 Results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ZF Commercial Vehicle Control Systems India Q2 Results compare with the same quarter last year, when revenue was Rs 913.24 Cr and net profit was Rs 108.28 Cr. These YoY figures sit in the Financial Highlights table.\"}},{\"@type\":\"Question\",\"name\":\"What business factors shaped ZF Commercial Vehicle Control Systems India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Three disclosed factors shaped ZF Commercial Vehicle Control Systems India's quarter: 30.4% revenue growth, return on capital employed of 20.23% in FY26, and an almost debt free balance sheet. These appear in Key Business Factors.\"}},{\"@type\":\"Question\",\"name\":\"What are the key risks after ZF Commercial Vehicle Control Systems India Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The key risks after the results are a narrower net profit margin of 10.4%, return on equity of 14.98% in FY26 below 15%, and profit growth lagging revenue growth. Key Risks to Watch expands on each.\"}},{\"@type\":\"Question\",\"name\":\"What is the outlook after ZF Commercial Vehicle Control Systems India Q2 Results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ZF Commercial Vehicle Control Systems India Q2 Results leave the FY27 outlook dependent on quarters still to be reported. Later disclosures will show how net profit develops, as the Outlook section notes.\"}},{\"@type\":\"Question\",\"name\":\"Where can I find the complete ZF Commercial Vehicle Control Systems India Q2 Results FY27 data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The complete ZF Commercial Vehicle Control Systems India Q2 Results FY27 data is in the Financial Highlights table, while the company's NSE and BSE filings carry the full statements. Univest Screener also tracks this quarter.\"}}]}<\/script><br \/>\n<script type=\"application\/ld+json\" class=\"news-article-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"ZF Commercial Vehicle Control Systems India Q2 Results FY27: PAT Rises 14.42% to Rs 123.89 Cr, Revenue Rs 1,19\",\"description\":\"ZF Commercial Vehicle Control Systems India Q2 Results: revenue \u20b91,190.54 Cr, PAT \u20b9123.89 Cr. See YoY growth and results analysis, 13 November 2026 filing.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\",\"url\":\"https:\/\/univest.in\"},\"about\":{\"@type\":\"Corporation\",\"name\":\"ZF Commercial Vehicle Control Systems India Ltd\"}}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZF Commercial Vehicle Control Systems India Q2 Results FY27: revenue Rs 1,190.54 Cr, up 30.36% YoY, net profit Rs 123.89 Cr, up 14.42% YoY.<\/p>\n","protected":false},"author":29,"featured_media":346740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5331],"tags":[],"class_list":["post-346742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-univest-in-blogs-category-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["346740"],"rank_math_title":["ZF Commercial Vehicle Control Systems India Q2 Results FY27: PAT Up 14.42% to Rs 123.89 Cr"],"rank_math_description":["ZF Commercial Vehicle Control Systems India Q2 Results: revenue \u20b91,190.54 Cr, PAT \u20b9123.89 Cr. 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