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Sundram Fasteners consolidated net profit declines 24.33% in the March 2022 quarter

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Capital Market

Sales rise 5.24% to Rs 1339.84 crore

Net profit of Sundram Fasteners declined 24.33% to Rs 106.53 crore in the quarter ended March 2022 as against Rs 140.78 crore during the previous quarter ended March 2021. Sales rose 5.24% to Rs 1339.84 crore in the quarter ended March 2022 as against Rs 1273.10 crore during the previous quarter ended March 2021.

For the full year,net profit rose 27.16% to Rs 456.72 crore in the year ended March 2022 as against Rs 359.18 crore during the previous year ended March 2021. Sales rose 34.51% to Rs 4902.06 crore in the year ended March 2022 as against Rs 3644.29 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1339.841273.10 5 4902.063644.29 35 OPM %14.3018.60 -16.3518.22 - PBDT193.38234.10 -17 812.01665.39 22 PBT143.86188.94 -24 621.22485.70 28 NP106.53140.78 -24 456.72359.18 27

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First Published: Apr 23 2022 | 7:56 AM IST

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