In an interview to CNBC-TV18, Jinendra Munot, Joint MD of ZF Steering Gear spoke about the results and his outlook for the company.
ZF Steering Gear reported a weak set of numbers. Speaking to CNBC-TV18, Jinendra Munot, Joint MD of ZF Steering Gear said that the revenues are down due to weakness in commercial vehicle market where the company has dominance.
The performance going forward will continue to depend on how well the CV sector performs, Jinendra Munot, joint MD, ZF Steering says. "Going by that, we believe we will do well," he adds