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Sundram Fasteners reports 19% jump in Q1 net profit

01 Aug 2017 Evaluate

Sundram Fasteners has reported results for first quarter ended June 30, 2017.

The company has reported a rise of 19.35% in its net profit at Rs 90.17 crore for the quarter under review as compared to Rs 75.55 crore for the same quarter in the previous year. Total income of the company increased by 10.09% at Rs 850.56 crore for Q1FY18 as compared Rs 772.61 crore for the corresponding quarter previous year.

With a diversified product line, world-class facilities in four countries and a motivated team of talented people, Sundram Fasteners has become a supplier of choice to leading customers in the automotive and industrial segments worldwide.

Sundram Fasteners Share Price

845.45 -23.20 (-2.67%)
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