Auto Parts & Equipments company Sundram Fasteners announced consolidated Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- The Company’s consolidated revenue posted for the quarter ended March 31, 2024, was at Rs 1,477.70 crore as against Rs 1,451.46 crore during the same period in the previous year.
- The consolidated net profit for the quarter ended March 31, 2024, was at Rs 134.41 crore as against net profit of Rs 127.47 crore during the same period in the previous year.
- The consolidated earnings per share (EPS) for the quarter ended March 31, 2024, amounted to Rs 6.36 and was Rs 6.01 in the corresponding period last year.
FY24 Financial Highlights:
- The Company’s consolidated revenue for the year ended March 31, 2024, was at Rs 5,720.47 crore as against Rs 5,707.60 crore during the same period in the previous year.
- The consolidated net profit for the year ended March 31, 2024, was at Rs 525.64 crore as against net profit of Rs 500.35 crore during the same period in the previous year.
- Highest ever EBITDA - Rs 940.86 crore [Rs 898.32 crore]
- Highest ever Profit before Tax – Rs 695.54 crore [Rs 660.66 crore]
- Highest ever Profit after Tax – Rs 525.64 crore [Rs 500.35 crore]
- The Board of Directors have declared a second Interim Dividend of Rs 4.17 per share (417%). The total Dividend including first Interim Dividend for the financial year 2023-2024 would amount to Rs 6.85 per share (685%)