Sundaram Clayton Ltd was incorporated in Chennai in 1962 and is part of the TVS group, led by Mr. Venu Srinivasan. It is engaged in the business of manufacturing and distributing aluminum die castings. Sundaram Clayton manufactures non-ferrous gravity and pressure die castings.
Financial Results:
TVS Holdings Ltd reported Revenues for Q1FY24 of ₹9,584.00 Crores up from ₹7,666.00 Crore year on year, a rise of 25.02%.
Total Expenses for Q1FY24 of ₹8,974.00 Crores up from ₹7,238.00 Crores year on year, a rise of 23.98%.
Consolidated Net Profit of ₹409.00 Crores up 25.46% from ₹326.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹97.25, up 22.77% from ₹79.21 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
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