Sundram Fasteners standalone net profit rises 372.07% in the March 2016 quarter

Sales rise 18.26% to Rs 688.03 crore

Net profit of Sundram Fasteners rose 372.07% to Rs 75.39 crore in the quarter ended March 2016 as against Rs 15.97 crore during the previous quarter ended March 2015. Sales rose 18.26% to Rs 688.03 crore in the quarter ended March 2016 as against Rs 581.78 crore during the previous quarter ended March 2015.

For the full year,net profit rose 56.05% to Rs 211.17 crore in the year ended March 2016 as against Rs 135.32 crore during the previous year ended March 2015. Sales rose 9.95% to Rs 2562.21 crore in the year ended March 2016 as against Rs 2330.38 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales688.03581.78 18 2562.212330.38 10 OPM %15.4311.45 -15.0314.31 - PBDT107.5355.47 94 359.54275.40 31 PBT82.8831.60 162 267.73187.08 43 NP75.3915.97 372 211.17135.32 56

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