Sundaram Fasteners Ltd : Q4FY17 Results
Amir Shaikh / 24 May 2017
The company's total sales for Q4FY17 came in at Rs 775.12 crore, which represents a 9.28 per cent sequential increase and 11.55 per cent YoY increase.
Sundaram Fasteners Ltd reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 came in at Rs 775.12 crore, which represents a 9.28 per cent sequential increase and 11.55 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 142.92 crore and its EBIT margin stood at 18.44 per cent.
The company reported PAT of Rs 87.66 crore, which represents a sequential QoQ increase of 16.35 per cent and a YoY increase of 0.53 per cent.
Sundaram Fasteners Ltd is an Indian company and a part of the TVS group. It is engaged in the manufacture of automotive and industrial components. The company's product range consists of 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.