Sundram Fasteners reported results for second quarter ended September 30, 2022.
The company has reported fall of 7.00% in its net profit at Rs 111.75 crore for Q2FY23 as compared to Rs 120.16 crore for the corresponding quarter previous year. However, total income of the company increased by 15.18% to Rs 1,225.85 crore for the quarter under review as compared to Rs 1,064.29 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 5.75% in its net profit at Rs 116.78 crore for the quarter under review as compared to Rs 123.91 crore for the same quarter in the previous year. However, total income of the company increased by 13.45% to Rs 1,411.37 crore for the quarter under review as compared to Rs 1,244.02 crore for the same quarter in the previous year.
