Sundaram Fasteners reports marginal decline
Sundaram Fasteners has reported a marginal decline in its net profit for the quarter ending June 30, 2013 at Rs 29.45 crore.
By PTI | Updated:
CHENNAI: Auto-components manufacturer Sundaram Fasteners has reported a marginal decline in its net profit for the quarter ending June 30, 2013 at Rs 29.45 crore.
The Chennai-based TVS Group company had reported net profit at Rs 31.24 crore during the corresponding period of previous year, Sundaram Fasteners Ltd, said in a BSE filing.
Total income from operations for the quarter ending June 30, 2013 slipped to Rs 523.53 crore from Rs 581.98 crore during the corresponding period of previous year.
Shares of the company ended at Rs 34.10 apiece, down by 2.57 per cent in BSE.
The Chennai-based TVS Group company had reported net profit at Rs 31.24 crore during the corresponding period of previous year, Sundaram Fasteners Ltd, said in a BSE filing.
Total income from operations for the quarter ending June 30, 2013 slipped to Rs 523.53 crore from Rs 581.98 crore during the corresponding period of previous year.
Shares of the company ended at Rs 34.10 apiece, down by 2.57 per cent in BSE.
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