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Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

The company's revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore

Sundram Fasteners
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BS REPORTER Chennai
Auto component major Sundram Fasteners (SFL) posted a consolidated net profit of Rs 138.03 crore during Q1FY23, up 14.5 per cent from Rs 120.51 crore reported during the same period last year.

The company’s revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore as against Rs 1,129.56 crore during the during the corresponding period of FY22, an increase of 24.8 per cent. The consolidated earnings per share (EPS) for the quarter amounted to Rs 6.47 compared to Rs 5.74 in the corresponding period last year.

“The Company has registered a strong operating performance

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