Sundram Fasteners Limited reports Standalone revenue at Rs 1,256.58 crores for the quarter ended December 31, 2024
The Board of Directors of Sundram Fasteners Limited today announced the unaudited Financial Results for the third quarter and nine-months ended December 31, 2024.
Highlights: Quarter ended December 31, 2024: FY 2024-2025
Standalone Financials
The revenue from operations was at Rs 1,256.58 crores for the quarter ended
December 31, 2024, as against Rs 1,178.61 crores during the same period in the previous year.
The domestic sales for the quarter ended December 31, 2024, were at Rs 840.81 crores as against Rs 810.34 crores during the previous year.
The export sales for the quarter ended December 31, 2024, were at Rs 362.79 crores as against Rs 339.15 crores during the previous year.
The Company has recorded a net profit of Rs. 120.36 crores for the quarter ended December 31, 2024 as against Rs 116.13 crores during the previous year due to cost control measures.
Earnings per share for the quarter ended December 31, 2024, amounted to
Rs 5.73 and was Rs 5.53 in the corresponding period last year.
Consolidated Financials
The Company’s consolidated revenue from operations posted for the quarter ended December 31, 2024, was at Rs 1,441.12 crores as against Rs 1,367.25 Crores during the same period in the previous year.
The net profit for the nine-months ended December 31, 2024, was at Rs 382.64 crores as against net profit of Rs 347.17 Crores during the same period in the previous year.
Consolidated Financials
The Company’s consolidated revenue from operations posted for the nine-months ended December 31, 2024, was at Rs 4,424.83 crores as against Rs 4,199.83 Crores during the same period in the previous year. The consolidated net profit for the nine months ended December 31, 2024, was at Rs 417.26 crores as against net profit of Rs. 391.23 Crores during the same period in the previous year.
Capital expenditure
The Company has incurred a capital expenditure of Rs 309.59 crores for the nine-months ended December 31, 2024, in line with its planned capital expenditure program for the financial year 2024-25. These investments will help us scale in non-auto, EV, hybrid and adjacent spaces.
Above views are of the author and not of the website kindly read disclaimer
