Sundram Fasteners Q1 profit at Rs 106 crore

Sundram Fasteners (SFL), part of the $7.2 billion TVS group, today announced net profit of Rs.106.18 crores as against Rs.90.17 crores during the same period in the previous year, an increase of 17.8 per cent.

The Company recorded revenue from operations of Rs.970.97 crores as against Rs.793.44 crores (net of Excise duty) achieved during the same period in the previous year, an increase of 22.4 per cent.

The export sales for the Quarter ended were at Rs.321.71 crores as against Rs.287.98 crores during the same period in the previous year, an increase of 11.7 per cent.


The earnings before interest, depreciation and taxes (EBITDA) increased to Rs.191.90 crores as against Rs. 159.75 crores during the same period in the previous year, an increase of 20.1 per cent.