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Sundram Fasteners net profit rises 67.48% in the March 2014 quarter

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Capital Market

Sales rise 8.21% to Rs 507.96 crore

Net profit of Sundram Fasteners rose 67.48% to Rs 27.45 crore in the quarter ended March 2014 as against Rs 16.39 crore during the previous quarter ended March 2013. Sales rose 8.21% to Rs 507.96 crore in the quarter ended March 2014 as against Rs 469.44 crore during the previous quarter ended March 2013.

For the full year,net profit rose 27.17% to Rs 120.89 crore in the year ended March 2014 as against Rs 95.06 crore during the previous year ended March 2013. Sales declined 2.18% to Rs 1982.39 crore in the year ended March 2014 as against Rs 2026.47 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales507.96469.44 8 1982.392026.47 -2 OPM %14.1913.49 -12.9212.70 - PBDT68.3750.75 35 246.26202.28 22 PBT49.6033.58 48 169.89130.66 30 NP27.4516.39 67 120.8995.06 27

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First Published: May 30 2014 | 9:27 AM IST

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