Sundram Fasteners clocks Rs 1,256.58 crore standalone revenue in Q3

Sundram Fasteners Ltd (SFL) reported a standalone revenue from operations of Rs 1,256.58 crore for the quarter ended December 31, 2024, as against Rs 1,178.61 crore during the same period in the previous year.

The company's domestic sales for the quarter ended December 31, 2024, were at Rs 840.81 crore as against Rs 810.34 crore during the previous year. Export sales for the quarter ended December 31, 2024, were at Rs 362.79 crore as against Rs 339.15 crore during the previous year.

SFL has recorded a net profit of Rs. 120.36 crore for the quarter ended December 31, 2024 as against Rs 116.13 crore during the previous year due to cost control measures.

Earnings per share for the quarter ended December 31, 2024, amounted to Rs 5.73 and was Rs 5.53 in the corresponding period last year.

Consolidated revenue from operations posted for the quarter ended December 31, 2024, was at Rs 1,411.12 crore as against Rs 1,367.25 crore during the same period in the previous year.

The consolidated net profit for the quarter ended December 31, 2024, was at Rs 130.73 crore as against Rs 129.44 crore during the previous year.

Consolidated EPS for the quarter ended December 31, 2024 amounted to Rs. 6.21 and was Rs 6.12 in the corresponding period last year.

SFL has incurred a capital expenditure of Rs 309.59 crore for the nine months ended December 31, 2024, in line with its planned capital expenditure program for the financial year 2024-25. These investments will help the company scale operations in nonauto, EV, hybrid, and adjacent spaces.