Sundram Fasteners clocks Rs 134.4cr profit after tax in Q4
CHENNAI: Sundram Fasteners registered its highest ever standalone net profit for a quarter at Rs 134.4 crore in Q4FY25. This is up from Rs 132.54 crore during the same period in the previous year.
The company also posted its highest ever revenue for a quarter at Rs 1,354 crore compared to Rs 1,278 crore in the year ago period.
The domestic sales for the quarter were at Rs 900.42 crore compared to just over Rs 846 crore during the previous year. The company registered exports of Rs 409.6 crore compared to Rs 385.28 crore last Q4.
Profit before Tax (PBT) for the quarter was flat at Rs 174.6 crore as compared to Rs 174.34 crore during the same period in the previous year.
Arathi Krishna, MD, Sundram Fasteners, said: “We achieved the highest-ever quarterly PAT by maintaining strong financial discipline, sustaining a positive cash balance and adopting best practices in quality management and automation. We have witnessed significant progress in our non-auto business, which has contributed to our overall performance.”
“Our growth is supported by strong domestic and export order book. We remain committed to driving volume-led growth by leveraging emerging opportunities in the electric vehicle segment.”
The company board declared a second interim dividend of Rs 4.20 per share (420%). The total dividend including the first interim dividend for FY24-25 would amount to Rs 7.20 per share (720%).
The domestic sales for the quarter were at Rs 900.42 crore compared to just over Rs 846 crore during the previous year. The company registered exports of Rs 409.6 crore compared to Rs 385.28 crore last Q4.
Profit before Tax (PBT) for the quarter was flat at Rs 174.6 crore as compared to Rs 174.34 crore during the same period in the previous year.
Arathi Krishna, MD, Sundram Fasteners, said: “We achieved the highest-ever quarterly PAT by maintaining strong financial discipline, sustaining a positive cash balance and adopting best practices in quality management and automation. We have witnessed significant progress in our non-auto business, which has contributed to our overall performance.”
“Our growth is supported by strong domestic and export order book. We remain committed to driving volume-led growth by leveraging emerging opportunities in the electric vehicle segment.”
The company board declared a second interim dividend of Rs 4.20 per share (420%). The total dividend including the first interim dividend for FY24-25 would amount to Rs 7.20 per share (720%).
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