Sundram Fasteners

Sundram Fasteners Q4 results: Net profit surges to Rs 134.41 crore

Auto component maker Sundram Fasteners Ltd has reported its highest ever consolidated net profit for the March 2024 quarter at Rs 134.41 crore on account of strong operational performance. The Chennai-based company had registered consolidated net profit of Rs 127.47 crore, during the corresponding quarter of last year. For the year ending March 31, 2024 the net profit surged to Rs 525.64 crore, as compared to Rs 500.35 crore registered a year ago. Total revenue during the quarter under review grew to Rs 1,477.70 crore, as compared to Rs 1,451.46 crore registered in the same period of last year. For the year ending March 31, 2024, the consolidated revenues remained flat at Rs 5,720.47 crore as against Rs 5,707.60 crore registered in the same period of last year. In a statement on Friday, the company said it reported highest ever profit after tax, EBITDA for the financial year ending March 31, 2024. The Earnings Before Interest, Depreciation and taxes for the year ending March 31, 202

Sundram Fasteners signs deal with Tamil Nadu for Rs 1,411 crore investment

The planned investment spans up to 2027-2028 and will be used for capacity expansion of existing products, including components for electric vehicles

Sundram Fasteners Q2 results: Net profit rises 14% rise to Rs 133 crore

The consolidated earnings per share for the quarter amounted to Rs 6.28, compared to Rs 5.49 in the corresponding period last year

Sundram Fasteners report consolidated profit at Rs 128.74 cr in Q1

Auto components maker Sundram Fasteners Ltd on Thursday reported a consolidated profit for the April-June quarter at Rs 128.74 crore, the company said on Thursday. The city-based firm registered a consolidated profit at Rs 138.03 crore during the corresponding quarter of last year. For the year ending March 31, 2023 the consolidated profit stood at Rs 500.35 crore. The company, in a BSE filing said, it incurred capital expenditure for the quarter that ended June 30, 2023 in line with its planned capital expenditure of Rs 300 crore for the financial year 2023-24. Total income on a consolidated basis for the quarter under review was Rs 1,415.27 crore as against Rs 1,421.70 crore recorded in the same period of last year. For the year ending March 31, 2023, the consolidated total income stood at Rs 5,707.60 crore. The domestic sales (on a standalone basis) for the quarter under review were at Rs 821.97 crore as against Rs 798.50 crore during the previous year. Export sales were impa

Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings

The company's consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.

Sundram Fasteners posts 19% rise to Rs 127.47 crore in Q4 net profit

The export sales for the quarter were at Rs 380.77 crore as against Rs 366.01 crore, a growth of 4.03 per cent

SFL's powertrain components division receives General Motors award

This is the tenth time that SFL has received the Supplier of the Year award, underlining the company's dedication to delivering quality products that exceed GM's expectations

Sundram Fasteners posts 7% rise in Q3 net profit as global orders rise

Auto components firm says it is 'progressing well' despite macroeconomic challenges

Sundram Fasteners wins $250 mn international contract to supply EV parts

Company will invest Rs 200 cr support order it says is the largest for an Indian firm in the product range

Sundram Fasteners Q2 net dips to Rs 111 cr, income grows to Rs 1,225 cr

Auto-components manufacturer Sundram Fasteners Ltd has reported a standalone profit of Rs 111.75 crore for the July-September 2022 quarter, according to the Chennai-based company on Wednesday. Its standalone profit was Rs 120.16 crore during the corresponding quarter last year. For the half-year ending September 30, 2022, the standalone profit went up to Rs 241.86 crore from Rs 232.71 crore last year. The total income grew to Rs 1,225.85 crore from Rs 1,064.29 crore. For the six-month period ending September 30, 2022, the income stood at Rs 2,472.07 crore against Rs 2,012.64 crore. The domestic sale during the quarter under review was Rs 802.45 crore against Rs 663.26 crore last year. Exports were Rs 377.78 crore against Rs 362.81 crore. "Despite the impact of heavy inflationary pressures experienced in the raw material costs, the company has sustained earnings before interest, depreciation and taxes for the quarter ending September 30, 2022 at Rs 193.22 crore as against Rs 200.95

Auto component firm Sundram Fasteners posts 6% dip in Q2 net profit

Board approves amalgamation of Sunfast TVS and TVS Engineering with Sundram Fasteners

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore

Sundram Fasteners says it will invest around Rs 400 cr in next 2 years

Government's production linked incentive scheme will be good for the automotive sector, says firm

Sundram Fasteners reports standalone Q4 net profit at Rs 71.41 cr

: Sundram Fasteners Ltd., engaged in manufacturing of auto components, on Saturday said the standalone net profit was at Rs 71.41 crore for the fourth quarter ending March 31, 2021. The city-based TVS Group company had registered standalone net profit at Rs 130.02 crore during corresponding quarter previous year. Net profit for the year ending March 31, 2022 was at Rs 407.46 crore, as against Rs 328.14 crore recorded last fiscal, Sundram Fasteners said in a press release. The revenue from operations for the quarter under review stood at Rs 1,146.44 crore, as against Rs 1,079.25 crore registered in the corresponding period last year. For the year ending March 31, 2022, the revenue from operations was at Rs 4,172.57 crore as compared to Rs 3,065.03 crore registered last year same period. Sales from exports during the January-March 2022 quarter grew to Rs 366.01 crore, as against Rs 337.21 crore recorded in same period last fiscal. Export sales for the year ending March 31, 2022 wen

Auto components maker Sundram Fasteners' Q4 profit drops 24% to Rs 107cr

The company had reported a consolidated net profit of Rs 140.80 crore in the same period of the 2020-21 fiscal

Sundram Fasteners gets GM honour; to invest Rs 350 cr in advanced tech

This is the ninth time Chennai-based auto parts firm has got the recognition, and follows govt approval of its PLI application

Sundram Fasteners posts 24% dip in Q3 net profit, revenue up 9%

The company board at its meeting held on Thursday declared an interim dividend of Rs 6.45 per share for the financial year ending March 31, 2022

Sundram Fasteners reports Q3 consolidated net profit at Rs 110 crore

: Sundram Fasteners Ltd, engaged in manufacturing of auto components reported a consolidated profit for the quarter ending December 31, 2021 at Rs 110 crore, the company said on Thursday.

Sundram Fasteners Q2 net up 20%; firm plans EV foray in domestic market

Better profit number comes despite 54% spike in input costs; firm draws up Rs 250 cr capex plan for current financial year

Sundram Fasteners net rises 20% to Rs 124 crore in December quarter

The domestic sales registered a growth of 42.8 per cent at Rs 637 crore for the quarter under review