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Business Standard
6 hours ago
- Automotive
- Business Standard
Sundram Fasteners Q1 net up 4% to record Rs 148 crore, exports dip
Sundram Fasteners, the Chennai-based auto components major, reported its highest-ever consolidated net profit of Rs 147.94 crore for the first quarter of FY26, a 4 per cent increase from Rs 142.69 crore in the same quarter last year. The company also posted record consolidated revenue of Rs 1,533.39 crore, marking a 2 per cent year-on-year growth. The consolidated earnings per share (EPS) for the quarter ended June 30, 2025, stood at Rs 7.06. Managing Director Arathi Krishna attributed the strong performance to resilient domestic demand and robust execution. 'This progress is a testament to the dedication and expertise of our teams, who continue to drive operational excellence and uphold the highest standards of product quality,' she said. Operational highlights Standalone revenue from operations rose to Rs 1,350.17 crore, up from Rs 1,310.33 crore last year. Export sales, however, declined to Rs 379.14 crore from Rs 422.65 crore, reflecting pressures from global economic and geopolitical uncertainties. The EBITDA for the quarter reached Rs 238.77 crore, the highest in the company's history, up from Rs 223.06 crore in Q1 FY25. The EBITDA margin improved to 17.5 per cent, supported by stable commodity prices, a favourable product mix, and stronger domestic sales. Gross margins improved significantly, from 57.5 per cent to 59.9 per cent. Outlook and strategy Despite global headwinds, Krishna emphasised the company's continued focus on long-term growth. 'We remain confident in the competitive strength of our product portfolio and the durability of our long-term partnerships,' she said. Sundram Fasteners plans to continue investing in innovation, capacity expansion, and customer engagement, aiming to fortify its leadership in the Indian and global automotive component markets. The company's robust quarterly performance highlights its ability to weather external shocks, even as exports slow, and positions it for continued expansion through strategic domestic investments.
News18
7 hours ago
- Business
- News18
Sundram Fasteners clock consolidated Q1 net profit at Rs 147.94 cr
Agency: PTI Last Updated: Chennai, Jul 31 (PTI) Sundram Fasteners Ltd, an auto-component manufacturer, has recorded a consolidated profit for the April-June 2025 quarter at Rs 147.94 crore, the company said on Thursday. The city-based firm had earned a net profit of Rs 142.69 crore during the corresponding quarter of last financial year. For the year ending March 31, 2025 the profit was at Rs 541.75 crore. Commenting on the financial performance, company Managing Director Arathi Krishna said, 'I am pleased to share that our first quarter performance underscores the fundamental strength and resilience of our operations, as well as our unwavering commitment to delivering value to our customers." The total income during the quarter under review went up to Rs 1,553.19 crore, from Rs 1,502.85 crore registered during the corresponding quarter of last financial year. For the financial year ending March 31, 2025, the total income was at Rs 5,983.74 crore. Krishna said as compared to the April-June 2024 quarter, the company recorded a growth primarily, driven by domestic demand. 'This progress is a testament to the dedication and expertise of our teams, who continue to drive operational excellence and uphold the highest standards of product quality. Their efforts have enabled us to successfully navigate an evolving and challenging market environment," she said in a press release on Thursday. On the international business, Krishna observed that the exports continue to pose a challenge amid global economic headwinds and ongoing geopolitical uncertainties. 'We are closely monitoring the recent U S tariff decision. While the full impact is yet to unfold, I am confident in our ability to adapt and advance our presence in the U S market, reinforced by enduring customer relationships and our consistent commitment to quality," she said. Despite the challenges faced in the exports, she said Sundram Fasteners remains confident in the competitive strength of its product portfolio and the durability of 'long-term partnerships'. 'We are further strengthening our foundation by prioritising investments in innovation, capacity expansion and customer engagement, ensuring we are well positioned for sustained growth in both India and International markets," she added. During the quarter under review, the company incurred a capital expenditure of Rs 71.48 crore, in line with the plan for the current financial year. PTI VIJ VIJ ADB view comments First Published: July 31, 2025, 21:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
The Hindu
8 hours ago
- The Hindu
Four arrested in SIM box racket with links to Cambodia
Four individuals of a gang operating an illegal SIM box setup from a rented house in Jannaram mandal in Mancherial were arrested by the Telangana Cyber Security Bureau (TGCSB), in collaboration with the Department of Telecommunications (DoT) and the Ramagundam police. The operation led to the seizure of equipment used to facilitate cross-border scams routed through domestic mobile networks. The investigation was triggered after the DoT, through its Chakshu portal, flagged suspicious activity linked to impersonation and fraudulent calls originating from the region. Technical inputs provided by the department identified a SIM box device connected to multiple International Mobile Equipment Identitys (IMEI), which allowed internet-based international calls to be disguised as local calls. With just one or two individuals operating them, fraudsters can manage and make a high volume of calls simultaneously, often used in scams involving impersonation, threats, or financial fraud, while evading detection. The arrested individuals were identified as Yandrapu Kamesh, a 24-year-old unemployed polytechnic diploma holder from Parvathipuram, Andhra Pradesh; Bavu Bapaiah, a 43-year-old labourer from Laxmipur in Jagtial district; Bavu Madhukar, Bapaiah's 32-year-old younger brother; and Gotla Rajeshwer, a 40-year-old farmer from Kishtapur village. The group had been working under the remote direction of Polavalsula Sai Krishna, also known as Jack or Raju, who is currently absconding and was allegedly operating from Cambodia. Investigations revealed that Bapaiah had travelled to Cambodia in mid-2024 and reconnected with Sai Krishna, whom he had initially met in Chandigarh while attempting to secure a visa. After returning to India in April 2025, Bapaiah was contacted by Krishna via WhatsApp and asked to arrange a rented house in Jannaram for setting up the SIM box operation. With assistance from his brother-in-law Rajeshwer, the location was secured, and soon after, telecom devices were shipped to Jagitial. Since Bapaiah was not at home, his brother Madhukar received the parcel and placed the equipment in the rented premises. Subsequently, Krishna instructed the brothers to secure a high-speed Airtel broadband connection, which was arranged with the help of a local dealer. Kamesh, who had been approached via Telegram by Krishna and offered a monthly salary of ₹70,000, was brought to Jannaram to oversee the operation. He was responsible for installing the hardware, configuring the SIM panels, and inserting SIMs in batches to evade detection. Krishna also provided Kamesh with ₹3 lakh to purchase over 200 proofless SIM cards from a man named Simhadri in Parvathipuram, with financial transactions facilitated through another associate, Bonu Jayavardhan. The unverified SIMs were delivered in multiple consignments and used in the SIM box to route fraudulent calls. The group managed to establish a decentralised yet technically coordinated setup capable of handling high call volumes. During the raid, officials seized five SIM box devices, over 230 SIM cards, a laptop, four mobile phones, a D-Link router, a modem, and an inverter, all configured for seamless telecom routing. Efforts are now underway to trace Sai Krishna, Bonu Jayavardhan, who helped procure SIM cards; and Simhadri, who supplied the proofless SIMs. Investigators are also probing the role of telecom service providers and internet companies that may have issued SIM cards without proper verification. Financial transactions linked to the operation are being scrutinised to trace the flow of money and identify any connections to larger call centre-based fraud networks.
Time of India
12 hours ago
- Lifestyle
- Time of India
August 2025 festivals & vrats: Check dates for Janmashtami, Ekadashi, Raksha Bandhan, Amavasya, and more
August 2025 festivals & vrats: August is the most important month in the Hindu calendar. Full of devotion, fasts, and colourful celebrations, India showcases a vibrant culture. This month has many important religious events. These include Janmashtami, Raksha Bandhan, and Ganesh Chaturthi. There are also many lesser-known but meaningful vrats and rituals. Falling in the sacred Hindu months of Shravana and Bhadrapada, August holds immense religious and cultural importance. Let's explore the complete August 2025 festival calendar and understand why it's such a spiritually significant month. Why August 2025 is Special for Devotees For people who follow Hindu traditions, festivals in August 2025 bring together faith, family, and old rituals. This month has many festivals. It starts with Krishna Janmashtami, which celebrates the birth of Lord Krishna. Then, there is Ganesh Chaturthi, which honours Lord Ganesha. These festivals provide opportunities for worship, fasting, and celebration. The August 2025 festivals will take place soon. Many people in the country will participate in sacred vrats, pujas, and temple visits. They will also engage in charity work. This month is not only about religious significance but also promotes cultural unity through its nationwide observances. Complete List of Festivals in August 2025 in India Here is the comprehensive August 2025 festival calendar with dates of major events, fasts, and cultural celebrations across India: Festivals and Events in August 2025 (This is a partial list. Many people also observe other fasts and festivals throughout the month. Krishna Janmashtami: The Crown Jewel of August Festivals Among all the festivals in August 2025, Janmashtami stands out as a grand celebration of Lord Krishna's birth. Devotees observe fasts, visit temples, perform midnight pujas, and engage in devotional singing and dancing. People decorate homes and temples with lights and flowers, and young children often dress as Krishna or Radha. The joyous occasion of Krishna Janmashtami brings families and communities together in faith and festivity. The next day, people celebrate Dahi Handi with great excitement. This is especially true in Maharashtra. Young people form groups to create human pyramids and break pots of curd tied high in the air. Ganesh Chaturthi: Welcoming the Lord of Wisdom Another major festival on the August 2025 festival calendar is Ganesh Chaturthi, which falls on 27 August. It marks the birth of Lord Ganesha, the remover of obstacles. On this day, people place beautifully made idols of Ganesha in their homes and pandals. This is followed by prayers, music, and community feasts. This festival lasts up to 10 days in some parts of India. It is not just a religious event; it is also a cultural show full of devotion and grandeur. Raksha Bandhan: Celebrating the Bond of Siblings Raksha Bandhan, falling on 9 August 2025, celebrates the eternal bond between brothers and sisters. Sisters tie a special thread called a rakhi on their brothers' wrists. They pray for their brothers' well-being. In return, brothers give gifts and promise to protect them. One of the most beloved August 2025 festivals, symbolising family values and emotional connection. Fasts and Rituals: The Spiritual Backbone of August In August 2025, there are many vrats and fasts. These include Ekadashis, Shivaratri, Purnimas, and Amavasyas. Each of these has its own spiritual meaning. Devotees faithfully observe these fasts, often participating in prayer, mantra chanting, and abstinence. A Month of Devotion, Culture, and Celebration The festivals in August 2025 provide an opportunity to dive deep into India's spiritual traditions. You are celebrating Janmashtami, doing puja on Ganesh Chaturthi, or tying rakhi on Raksha Bandhan. This month reminds us of faith, family, and heritage. Stay connected to your roots by following the August 2025 festival calendar and embracing the beauty of these celebrations. From major festivals to auspicious fasts in August 2025, every occasion brings joy, blessings, and spiritual enrichment. (Note: Dates/timings may be subject to change; details mentioned here are as per the information available.) For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.
Indian Express
16 hours ago
- Entertainment
- Indian Express
When is Janmashtami 2025: Know the date, timings, and significance behind Krishna Janmashtami
Janmashtami 2025 Date, Significance: Janmashtami, also referred to as Krishna Janmashtami, is a Hindu festival commemorating the birth of Lord Krishna, one of the most significant gods in Hinduism, marked with great enthusiasm every year. The festival falls on the eighth day of the Krishna Paksha, i.e. dark fortnight in the month of Bhadrapada, according to the Hindu lunar calendar, which usually corresponds to the months of August or September in the Gregorian or the English calendar. This year, Krishna Janmashtami will be observed on Saturday, August 16, 2025, marking the 5252nd birth anniversary of Lord Krishna. Dahi Handi falls on the same day as Janmashtami. It stated that Nishita Puja time starts at 12:04 AM on August 16 and concludes at 12:47 AM on the same day, according to Drik Panchang. Lord Krishna, considered Lord Vishnu's eighth incarnation (avatar), is believed to have been born at Mathura, present-day Uttar Pradesh, India. His maternal uncle, King Kansa, posed a threat to his life, Vasudeva, who was imprisoned in a dungeon, transported him in a basket across the Yamuna River to Gokul, where he was raised by foster parents Nanda and Yashoda. Janmashtami is celebrated with tremendous devotion and reverence, as it commemorates the birth of Lord Krishna, who is regarded as a symbol of divinity, love, and righteousness. Devotees fast, pray, meditate, and sing devotional songs (bhajans) throughout day and night. Many temples organise elaborate ceremonies that recreate events from Krishna's life, particularly his birth and childhood activities.
