Sundram Fastners Ltd :Results Q1FY18
DSIJ Intelligence / 31 Jul 2017
The company's total sales for Q1FY18 came in at Rs 841.74 crore, which represents a 1.27 per cent sequential increase and 9.69 per cent YoY increase.
Sundram Fastners Ltd reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 841.74 crore, which represents a 1.27 per cent sequential increase and 9.69 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 147.5 crore and its EBIT margin stood at 17.52 per cent.
The company reported PAT of Rs 90.17 crore, which represents a sequential QoQ increase of 2.86 per cent and a YoY increase of 19.35 per cent.
The company's stock opened today at Rs 404.2 on the BSE, rose by 2.27 per cent after the results were declared and was trading around Rs 412.8 intra-day.
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