Sundram Fasteners standalone net profit rises 0.53% in the March 2017 quarter

Sales rise 11.55% to Rs 775.11 crore

Net profit of Sundram Fasteners rose 0.53% to Rs 87.66 crore in the quarter ended March 2017 as against Rs 87.20 crore during the previous quarter ended March 2016. Sales rose 11.55% to Rs 775.11 crore in the quarter ended March 2017 as against Rs 694.84 crore during the previous quarter ended March 2016.

For the full year,net profit rose 47.43% to Rs 315.48 crore in the year ended March 2017 as against Rs 213.99 crore during the previous year ended March 2016. Sales rose 12.87% to Rs 2935.64 crore in the year ended March 2017 as against Rs 2600.99 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales775.11694.84 12 2935.642600.99 13 OPM %18.4514.98 -18.6414.78 - PBDT137.20111.85 23 516.74358.43 44 PBT118.2887.22 36 426.97266.69 60 NP87.6687.20 1 315.48213.99 47

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