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Sundram Fasteners consolidated net profit declines 39.62% in the September 2019 quarter

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Capital Market

Sales decline 23.66% to Rs 861.11 crore

Net profit of Sundram Fasteners declined 39.62% to Rs 70.58 crore in the quarter ended September 2019 as against Rs 116.89 crore during the previous quarter ended September 2018. Sales declined 23.66% to Rs 861.11 crore in the quarter ended September 2019 as against Rs 1128.03 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales861.111128.03 -24 OPM %17.5318.38 -PBDT139.83203.93 -31 PBT98.92173.59 -43 NP70.58116.89 -40

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First Published: Nov 05 2019 | 9:49 AM IST

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