Sundaram Fasteners reports marginal decline

Company reported net profit at Rs 31 cr during the corresponding period of previous year

<a href="http://www.shutterstock.com/pic-26356168/stock-photo-stock-market-crash-chart-raster-version.html?src=ToGmiM_JIPKrZ0JrXZWWzQ-2-65" target="_blank">Market Crash</a> image via Shutterstock
Press Trust of India Chennai
Last Updated : Aug 14 2013 | 7:30 PM IST
Auto-components manufacturer Sundaram Fasteners has reported a marginal decline in its net profit for the quarter ending June 30, 2013 at Rs 29.45 crore.

The Chennai-based TVS Group company had reported net profit at Rs 31.24 crore during the corresponding period of previous year, Sundaram Fasteners Ltd, said in a BSE filing.

Total income from operations for the quarter ending June 30, 2013 slipped to Rs 523.53 crore from Rs 581.98 crore during the corresponding period of previous year.

Shares of the company ended at Rs 34.10 apiece, down by 2.57% in BSE.
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First Published: Aug 14 2013 | 5:42 PM IST

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