Latest news with #SundramFastenersLtd
The Hindu
01-08-2025
- Business
- The Hindu
Sundram Fasteners Q1 standalone net up 5%, amid challenging export market
Sundram Fasteners Ltd reported first quarter standalone net profit of ₹138.35 crore, its highest ever, up about 5% when compared to ₹131.64 crore in the same period last year, amid challenges in its export market. The company's domestic sales increased 8.78% to ₹930.91 crore in the April-June quarter from ₹855.75 crore in the comparable period last year. However, export sales declined to ₹379.14 crore in the first quarter of 2025-2026 from ₹422.65 crore in the same period last year. Revenue from operations was at ₹1,350.17 crore in the April-June quarter, when compared to ₹1,310.33 crore in the year-ago period. 'Compared to the same period last year, we have grown propelled primarily by robust domestic demand across our key segments,' Arathi Krishna, Managing Director, Sundram Fasteners, said. 'Our export markets continue to pose challenges amidst global economic headwinds and ongoing geopolitical uncertainties,' she said. 'Despite these conditions, we remain confident in the competitive strength of our product portfolio and the durability of our long-term partnerships. We are further strengthening our foundation by prioritizing investments in innovation, capacity expansion, and customer engagement, ensuring we are well positioned for sustained growth in both India and International markets', Ms. Arathi Krishna, added. '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 noted. The Chennai-based Company's consolidated revenue from operations ₹1,533.39 crore in the first quarter, while consolidated net profit was ₹147.94 crore in the first quarter 2025-2026. Sundram Fasteners incurred capital expenditure of ₹ 71.48 crore in the first quarter.
News18
31-07-2025
- 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.
Business Standard
27-06-2025
- Business
- Business Standard
Volumes soar at Himadri Speciality Chemical Ltd counter
Himadri Speciality Chemical Ltd clocked volume of 418.32 lakh shares by 14:14 IST on NSE, a 44.16 times surge over two-week average daily volume of 9.47 lakh shares Sundram Fasteners Ltd, Gujarat State Petronet Ltd, Godfrey Phillips India Ltd, Adani Total Gas Ltd are among the other stocks to see a surge in volumes on NSE today, 27 June 2025. Himadri Speciality Chemical Ltd clocked volume of 418.32 lakh shares by 14:14 IST on NSE, a 44.16 times surge over two-week average daily volume of 9.47 lakh shares. The stock gained 16.38% to Rs.522.50. Volumes stood at 6.15 lakh shares in the last session. Sundram Fasteners Ltd saw volume of 16.12 lakh shares by 14:14 IST on NSE, a 21.92 fold spurt over two-week average daily volume of 73559 shares. The stock increased 0.64% to Rs.1,007.50. Volumes stood at 55489 shares in the last session. Gujarat State Petronet Ltd recorded volume of 37.95 lakh shares by 14:14 IST on NSE, a 14.75 times surge over two-week average daily volume of 2.57 lakh shares. The stock gained 4.92% to Rs.335.60. Volumes stood at 2.33 lakh shares in the last session. Godfrey Phillips India Ltd registered volume of 6.26 lakh shares by 14:14 IST on NSE, a 9.39 fold spurt over two-week average daily volume of 66680 shares. The stock rose 7.99% to Rs.9,288.00. Volumes stood at 1.95 lakh shares in the last session. Adani Total Gas Ltd recorded volume of 102.97 lakh shares by 14:14 IST on NSE, a 6.73 times surge over two-week average daily volume of 15.29 lakh shares. The stock gained 5.53% to Rs.681.25. Volumes stood at 20.66 lakh shares in the last session.
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Business Standard
30-04-2025
- Automotive
- Business Standard
Sundram Fasteners Q4 results: Net profit dips 7% to ₹124 cr, revenue up 4%
Auto parts company Sundram Fasteners Ltd (SFL) has posted a 7.4 per cent dip in consolidated net profit for the fourth quarter of the financial year 2024–25, to Rs 124.49 crore as against a net profit of Rs 134.41 crore during the same period in the previous year. The company's consolidated revenue for the quarter ended March 31, 2025, was Rs 1,537.78 crore, up 4 per cent, as against Rs 1,477.70 crore during the same period in the previous year. On a standalone basis, the company posted its highest-ever revenue for a quarter at Rs 1,353.99 crore for the quarter ended March 31, 2025, compared to Rs 1,278.13 crore during the same period in the previous year. Domestic sales for the quarter were Rs 900.42 crore, compared to Rs 846.26 crore during the previous year. The company registered exports of Rs 409.62 crore for the quarter, compared to Rs 385.28 crore during the same quarter last fiscal. '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. This growth is particularly encouraging as we have witnessed significant progress in our non-auto business, which has contributed to our overall robust performance," said Arathi Krishna, managing director, SFL. "Our growth is supported by a strong domestic and export order book. We remain committed to driving volume-led growth by leveraging emerging opportunities in the electric vehicle segment and continuing our focus on innovation, which will enable us to outpace industry growth rates," she added. Earnings per share for the quarter ended March 31, 2025, amounted to Rs 6.39, compared to Rs 6.31 in the corresponding period last year. The company's consolidated revenue for the year ended March 31, 2025, was Rs 5,983.74 crore as against Rs 5,720.47 crore during the same period in the previous year. The consolidated net profit for the year was Rs 541.75 crore, as against a net profit of Rs 525.64 crore during the same period in the previous year. To drive long-term growth, the company has incurred Rs 376.43 crore towards capital expenditure as part of capacity expansion of existing lines of business and new projects. These investments will significantly enhance the company's capability to meet customer demands in various segments. The directors have declared a second interim dividend of Rs 4.20 per share (420 per cent), which, together with the first interim dividend of Rs 3.00 per share declared and paid in December 2024, amounts to a total dividend of Rs 7.20 per share (720 per cent) for the financial year 2024–25.
