Indian auto-components maker Sundram Fasteners reported a 30% increase in quarterly consolidated revenue and higher profit, while NDTV Profit reported its shares fell as much as 7.86% on Oct. 29.
The company’s filing lists consolidated revenue of ₹1,984.50 crore for the quarter ended Sept. 30, 2026, compared with ₹1,521.02 crore a year earlier. Net profit advanced 13% to ₹172.63 crore from ₹152.75 crore, and earnings per share were ₹8.19 against ₹7.18.
For the six months through Sept. 30, consolidated revenue reached ₹3,830.57 crore, up 25% from a year earlier. Net profit was ₹341.32 crore, compared with ₹300.69 crore, a 14% gain.
NDTV Profit reported that Sundram Fasteners shares hit an intraday low of ₹993.25, down 7.86%, on Oct. 29. NDTV Profit reported that the shares were down 3.58% at ₹1,039.45, while the BSE Sensex rose 0.3% to 73,475.
Capital Market’s results breakdown put operating profit at ₹296.41 crore, up 17.41%, while the operating margin declined to 14.94% from 16.60%. Raw material expenses represented 42.59% of sales, compared with 40.22% a year earlier, it reported. Business Upturn attributed the stock’s decline to concern about the margin squeeze. Sundram Fasteners’ filing did not give a reason for the share-price move.
On a standalone basis, revenue rose 32% to ₹1,760.77 crore. Domestic sales increased 23% to ₹1,172.90 crore, while exports advanced 57% to ₹530.95 crore. Standalone net profit was ₹159.98 crore, up 14% from ₹140.27 crore. The company makes fasteners, powertrain components, pumps and powder-metallurgy products, according to its website.
The board declared an interim dividend of ₹4.05 per share with a face value of ₹1, equivalent to 405% of face value. The payout applies to the financial year ending March 31, 2027. The record date is Nov. 6, 2026, and payment is scheduled for Nov. 23, the company said.
