TVS Group Sundram Fasteners records 17.7 percent rise in April-June quarter net profit
The city-based company had recorded net profits at Rs 90.17 crore during the corresponding quarter of the previous year.
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Sundram Fasteners Ltd, a TVS Group company, has recorded a 17.7 percent rise in its April-June quarter net profits to Rs 106.18 crore.
The city-based company had recorded net profits at Rs 90.17 crore during the corresponding quarter of the previous year.
For the full year ending March 31, 2018, net profits of the company were at Rs 367.47 crore, Sundram Fasteners Ltd said in a BSE filing. Total income of the company for the quarter ending June 30, 2018, rose to Rs 986.28 crore from Rs 858.50 crore registered during the same quarter of previous year.
For the full year ending March 31, 2018, the total income of the company was at Rs 3,502.34 crore. The shares of the company were trading at Rs 636 apiece, down by 0.89 percent over the previous close in BSE.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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