Sundram Fasteners Q2 Net Profit Rises 14% to Rs 160 Crore as Revenue Expands

Sundram Fasteners reported a 14% year-on-year increase in standalone net profit for Q2 FY27, recording Rs 159.98 crore compared with Rs 140.27 crore in the corresponding period of the previous financial year. The profit growth was supported by strong export demand and volume expansion across domestic markets.

Standalone revenue from operations for the quarter grew 31% year-on-year to Rs 1,760.77 crore from Rs 1,338.37 crore in Q2 FY26. Domestic sales rose 22% to Rs 1,172.90 crore compared to Rs 956.94 crore in the year-ago period. Export revenue surged 57% year-on-year to Rs 530.95 crore from Rs 338.02 crore. Total standalone income for the quarter reached Rs 1,771.97 crore, up from Rs 1,356.09 crore recorded in Q2 FY26.

Total standalone expenses for Q2 FY27 expanded by 33% year-on-year to Rs 1,557.21 crore compared with Rs 1,169.17 crore in the same period last year. Cost of materials consumed increased to Rs 802.08 crore against Rs 566.87 crore in Q2 FY26, reflecting higher raw material prices. 

Standalone profit before tax rose 15% to Rs 214.76 crore from Rs 186.92 crore in Q2 FY26. Total tax expense for the quarter stood at Rs 54.78 crore, comprising Rs 51.95 crore in current tax and Rs 2.83 crore in deferred tax, compared with total tax expense of Rs 46.65 crore in Q2 FY26. 

On a consolidated basis, Sundram Fasteners reported a net profit of Rs 172.63 crore for Q2 FY27, up 13% from Rs 152.75 crore in Q2 FY26. Consolidated revenue from operations grew 30.47% to Rs 1,984.50 crore compared with Rs 1,521.02 crore in the year-ago quarter. Total consolidated expenses for the quarter rose to Rs 1,765.40 crore from Rs 1,339.81 crore in Q2 FY26.

For H1 FY27, standalone net profit grew 11.60% to Rs 310.95 crore from Rs 278.62 crore in H1 FY26. Standalone revenue from operations for H1 FY27 increased 25% to Rs 3,375.53 crore against Rs 2,688.54 crore in the prior-year period. Standalone total expenses for the first half of the financial year stood at Rs 2,972.38 crore compared to Rs 2,350.60 crore in H1 FY26.