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Sundram Fasteners has reported a 5 per cent growth in net profit for the third quarter of the current year compared to the corresponding quarter previously.
The net profit was ₹ 30.13 crore (₹28.64 crore) on a total income of ₹ 588.62 crore (₹ 476.45 crore) for the quarter ended December 31, 2014.
Domestic and export sales have grown significantly with domestic sales up 25 per cent at ₹ 347.16 crore (₹ 277.71 crore) net of excise duty and exports increasing 20 per cent to ₹ 228.05 crore (₹ 189.36 crore).
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