Companies

Sundaram Clayton net trebles

PTI Chennai | Updated on August 12, 2013 Published on August 12, 2013

Auto component maker Sundaram Clayton has reported over 200 per cent jump in net profit at Rs 15.21 crore for the first quarter ending June 30, 2013.

The Chennai-based TVS Group company, has reported net profit at Rs 4.49 crore during the corresponding period of previous year, Sundaram Clayton Ltd., said in a BSE filing.

For the financial year ending March 31, 2013, the net profit of the company stood at Rs 35.42 crore.

The total income from operations for the first quarter ending June 30, 2013 rose to Rs 281.93 crore from Rs 265.85 crore registered during the same period of previous year.

For the financial year ending March 31, 2013, the total income from operations was Rs 1,018.56 crore.

Shares of the company ended at Rs 273.45 apiece, down by 6.51 per cent over previous close in BSE.

Published on August 12, 2013
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