Sundram Fasteners posts record half-year profit, raises dividend by 25%
SUNDRMFAST · price
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Unaudited consolidated half-year revenue rose 2.4% to Rs 3,054.41 crore and net profit rose 5.0% to a record Rs 300.69 crore. Standalone net profit was Rs 278.62 crore. Its quarterly margin before interest, tax, depreciation and amortisation improved from 17.3% to 18.0%. The board declared a Rs 3.75 per share interim dividend, up 25%. A Rs 12.50 crore impairment reversal was exceptional in the year ended March 2025, with no current impact.
Record profit and a 25% higher dividend support shareholder returns, but sales growth was modest and the figures are unaudited.