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Sundram Fasteners Ltd posted a largely steady performance for the December quarter, with net profit inching up 0.2% year-on-year to ₹130.5 crore, compared with ₹130.2 crore in the year-ago period.
Revenue for the quarter rose 6.9% year-on-year to ₹1,541 crore, supported by strong growth in domestic sales. EBITDA increased 5.9% to ₹240.5 crore, while operating margins were largely stable at 15.6%, marginally lower than 15.7% a year earlier.
Domestic sales for the quarter jumped 18% year-on-year to ₹994.97 crore, aided by resilient demand across segments. Export sales, however, declined to ₹308.41 crore from ₹362.79 crore last year, reflecting continued global headwinds.
The company recognised a one-time exceptional charge of ₹11.02 crore during the quarter towards employee benefit provisions following the implementation of the new Labour Codes.
For the nine months ended December 31, 2025, Sundram Fasteners incurred capital expenditure of ₹217.92 crore, in line with its planned investment programme for FY26.
Also Read:L&T Q3 Results: Revenue rises over 10%, margin expands; profit hit by labour code costs
Separately, the board approved the re-appointment of Sri Suresh Krishna as Non-Executive Director for a further five-year term effective July 1, 2026, subject to shareholder approval. The board also approved the re-appointment of Ms Arathi Krishna as Managing Director for a five-year term effective May 3, 2026.
Ahead of the earnings announcement, shares of Sundram Fasteners closed 1.34% higher at ₹919.50 on the NSE.
Revenue for the quarter rose 6.9% year-on-year to ₹1,541 crore, supported by strong growth in domestic sales. EBITDA increased 5.9% to ₹240.5 crore, while operating margins were largely stable at 15.6%, marginally lower than 15.7% a year earlier.
Domestic sales for the quarter jumped 18% year-on-year to ₹994.97 crore, aided by resilient demand across segments. Export sales, however, declined to ₹308.41 crore from ₹362.79 crore last year, reflecting continued global headwinds.
The company recognised a one-time exceptional charge of ₹11.02 crore during the quarter towards employee benefit provisions following the implementation of the new Labour Codes.
For the nine months ended December 31, 2025, Sundram Fasteners incurred capital expenditure of ₹217.92 crore, in line with its planned investment programme for FY26.
Also Read:L&T Q3 Results: Revenue rises over 10%, margin expands; profit hit by labour code costs
Separately, the board approved the re-appointment of Sri Suresh Krishna as Non-Executive Director for a further five-year term effective July 1, 2026, subject to shareholder approval. The board also approved the re-appointment of Ms Arathi Krishna as Managing Director for a five-year term effective May 3, 2026.
Ahead of the earnings announcement, shares of Sundram Fasteners closed 1.34% higher at ₹919.50 on the NSE.
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