Sundram Fasteners Q2 consolidated profit up 13%

Chennai: Sundram Fasteners Ltd reported a 13% year-on-year increase in consolidated net profit to Rs 172.63 crore for the September quarter, supported by a 30% growth in revenue to Rs 1,984.50 crore.The company’s consolidated revenue for the first half of FY27 rose 25% to Rs 3,830.57 crore, while net profit increased 14% to Rs 341.32 crore from Rs 300.69 crore a year earlier. Profit before tax for the half-year grew 13% to Rs 454.09 crore.The company’s board declared an interim dividend of Rs 4.05 per share, representing 405% of the face value, for FY27. The record date for the dividend is November 6, 2026.On a standalone basis, Q2 revenue rose 32% to Rs 1,760.77 crore, while net profit increased 14% to Rs 159.98 crore. Exports surged 57% to Rs 530.95 crore, outpacing domestic sales growth of 23% to Rs 1,172.90 crore.You use AI every day. Now get your AI Quotient. Take the AIQ test.