Sundram Fasteners Limited — Results, 27-01-2025: Integrated Filing- Financial
Sundram Fasteners Limited has announced a board meeting to review its unaudited financial results for the quarter and nine months ended December 31, 2024. For the quarter, standalone revenue reached ₹1,256.58 crore, up from ₹1,178.61 crore year-on-year, while consolidated revenue stood at ₹1,411.12 crore, compared to ₹1,367.25 crore last year. Net profit for the quarter was ₹120.36 crore, reflecting effective cost control measures. The nine-month figures show standalone revenue at ₹3,855.75 crore, with a net profit of ₹382.64 crore, driven by a 15% rise in export sales. Investor sentiment may lean positively, bolstered by strong performance and strategic capital expenditures totaling ₹309.59 crore aimed at diversifying into non-auto and EV sectors.
