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Sundram Fasteners Q3 profit marginally rises to ₹120 crore on cost controls

Sundram Fasteners Q3 profit marginally rises to ₹120 crore on cost controls


Leading auto parts maker Sundram Fasteners has reported a marginal increase in its standalone profit after tax at ₹120 crore for the quarter ended December 31, 2024, compared with ₹116 crore in the year-ago quarter, helped by cost control measures.

Profit before tax for the December 2024 quarter stood at ₹153 crore, slightly lower than ₹156 crore in the corresponding period of the previous year.

Revenue from operations rose to ₹1,257 crore in Q3 FY2025, compared to ₹1,179 crore in the same quarter last fiscal. Domestic sales grew to ₹841 crore from ₹810 crore, while export sales increased to ₹363 crore from ₹339 crore, according to a statement.

On a consolidated basis, the company’s net profit rose to ₹131 crore in Q3 FY2025, up from ₹129 crore in the year-ago quarter. Consolidated revenue climbed to ₹1,441 crore, compared to ₹1,367 crore.

For the nine months ended December 31, 2024, Sundram Fasteners reported a standalone net profit of ₹383 crore, an improvement from ₹347 crore in the same period last year. Revenue from operations for the period rose to ₹3,856 crore, compared to ₹3,628 crore. Exports grew to ₹1,174 crore, up from ₹1,034 crore.

On a consolidated basis, net profit for the nine months increased to ₹417 crore, compared to ₹391 crore in the year-ago period, while revenue rose to ₹4,425 crore from ₹4,200 crore.

The company incurred capital expenditures  of about ₹310 crore during the nine months of this fiscal year. These investments were focused on scaling operations in non-auto segments, as well as electric vehicles (EVs), hybrid technologies, and adjacent industries, the company stated.





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