Financial Daily from THE HINDU group of publications
Friday, Jul 01, 2005
Financial Daily from THE HINDU group of publications Friday, Jul 01, 2005 |
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Corporate Results
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Automobile Components Sundram Fasteners Q4 net at Rs 18.3 cr Our Bureau
Chennai , June 30 SUNDRAM Fasteners has reported a net profit of Rs 18.3 crore for the last quarter of 2004-05, almost the same as in the same period of the previous year (Rs 18.11 crore). Sales for the quarter was down at Rs 245.83 crore, against Rs 292.68 crore previously. Both domestic sales and exports were down. Domestic sales slid to Rs 172.71 crore from Rs 204.45 crore. Exports also declined to Rs 73.12 crore from Rs 88.23 crore. In the full year 2004-05, Sundram Fasteners achieved a turnover of Rs 929.55 crore, against Rs 689.12 crore. The company's board has declared a second interim dividend of Rs 1 per share or 100 per cent, taking the total dividend for the year to Rs 1.70 a share, or 170 per cent.
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