Categories Earnings, Industrials

Sundram Fasteners Ltd Q4FY23 results out, revenue grows by 8%

Sundaram fasteners ltd, a part of the TVS Group of Companies, is engaged in manufacturing critical, high precision components such as fasteners, power train components etc for the automotive, infrastructure, windmill, and aviation sectors.

  • Sundram Fasteners Ltd reported Total revenue for Q4 FY23 of ₹1,448 Crore, up from ₹1,340 Crore year on year depicting a growth of 8%.
  • Total Expenses for Q4 FY23 of ₹1,221 Crore up, from ₹1,148 Crore year on year, a growth of 6%. 
  • Consolidated Net Profit of ₹127 Crore, up 17% from ₹107 Crore in the same quarter of the previous year.
  •  The Earnings per Share is ₹6.01, up 16% from ₹5.07 in the same quarter of the previous year.

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