Automotive components major Sundram Fasteners Ltd on Thursday said it closed the first quarter of the current fiscal with Rs 106.18 crore net profit.
In a statement issued here, the company said it had logged a net profit of Rs 106.18 crore for the quarter ended on June 30, up from Rs 90.17 crore registered during the previous year in the corresponding quarter.
The company recorded revenue from operations of Rs 970.97 crore for the quarter ended on June 30 as against Rs 793.44 crore (net of Excise duty) achieved during the same period in the previous year, an increase of 22.4 per cent.
The export sales for the quarter ended were at Rs 321.71 crore as against Rs 287.98 crore during the same period in the previous year, an increase of 11.7 per cent.
--IANS
vj/anp/mr
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app