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Sundram Fasteners standalone net profit declines 7.59% in the December 2019 quarter

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Capital Market

Sales decline 31.56% to Rs 670.33 crore

Net profit of Sundram Fasteners declined 7.59% to Rs 103.06 crore in the quarter ended December 2019 as against Rs 111.53 crore during the previous quarter ended December 2018. Sales declined 31.56% to Rs 670.33 crore in the quarter ended December 2019 as against Rs 979.38 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales670.33979.38 -32 OPM %17.3219.72 -PBDT115.38187.23 -38 PBT81.13159.33 -49 NP103.06111.53 -8

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First Published: Jan 29 2020 | 4:21 PM IST

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