Q3FY17 Results : Sundram Fasteners

Bhagyashree Vivarekar / 02 Feb 2017

Q3FY17 Results : Sundram Fasteners

The company’s PAT of Rs 75.3 crore represented a sequential QoQ decline of 2.08 per cent and a YoY increase of 63.31 per cent. 

Sundram Fasteners Ltd. declared its standalone results for the quarter ended December 31, 2016 today. 

The company's sales for Q3FY17 were Rs 709.3 crore, which represent a 3.91 per cent sequential decline and 15.54 per cent YoY increase.

Its operating profit (EBIT) for the quarter was Rs 108 crore and its EBIT margin was 15.23 per cent.

The company’s PAT of Rs 75.3 crore represented a sequential QoQ decline of 2.08 per cent and a YoY increase of 63.31 per cent. 

Sundram Fasteners Ltd, a part of the TVS Group, is engaged in the manufacture of automotive and industrial components. The company's products include high-tensile fasteners, powder metal components, cold extruded parts, hot forged components, radiator caps, automotive pumps, gear shifters, gears and couplings, hubs and shafts, tappets and iron powder.

If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.