Fastening the Future: Sundram Posts Record Revenue, Navigates Profit Bumps with Dividend Drive

Sundram Fasteners Ltd revealed its financial results for the quarter ending March 2025, reporting a consolidated net profit of ₹124 crore, down 6.9% from ₹134 crore for the same quarter last year. The company's revenue from operations for the quarter increased 4.4% year-on-year to ₹1,531 crore, up from ₹1,466 crore in the previous year, indicating demand remains solid despite margin pressures.

 

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the quarter was ₹224.7 crore, and the EBITDA margin reduced to 14.7% from 15.5% from the prior year. The company said the drop in profitability was due to weaker margins, but claimed to continue robust and prudent operational discipline.

 

For the entire financial year starting and ending in March 2025, Sundram Fasteners delivered its highest ever annual revenue and EBITDA reporting revenue of ₹5,983.74 crore, and EBITDA of ₹972.46 crore. Additionally, the board declared a second interim dividend of ₹4.20 per share, bringing the total dividend for FY25 to ₹7.20 per share.

 

The firm disclosed a capital expenditure of ₹376.43 crore incurred during the year to develop capacities in internal combustion engine vehicles, plug-in hybrids and electric vehicles. Management inner confidence that the company would grow further as the company reported traction being made in non-auto segments coupled with a strong order book.

 

Source: CNBC-TV18