Sundram Fasteners Q1 Net Profit Hits Record ₹138.35 Cr Amid Strong Domestic Demand

Last Updated Aug - 01 - 2025, 06:21 PM | Source : Fela News

Sundram Fasteners posts record standalone Q1 net profit of ₹138.35 crore, driven by 9% growth in domestic sales. Export challenges persist, but the company rema

Sundram Fasteners Q1 Net Profit Hits Record

Sundram Fasteners Ltd posted its highest-ever standalone net profit of ₹138.35 crore for the first quarter of FY26, marking a 5% increase from ₹131.64 crore in the same period last year, despite facing challenges in the export market. The company reported an 8.78% rise in domestic sales, which grew to ₹930.91 crore during the April–June quarter, up from ₹855.75 crore a year ago.

In contrast, export sales dropped to ₹379.14 crore from ₹422.65 crore in the corresponding period last year, reflecting the impact of ongoing global uncertainties. Total revenue from operations for the quarter stood at ₹1,350.17 crore, compared to ₹1,310.33 crore in Q1 of FY25.

Managing Director Arathi Krishna attributed the growth primarily to strong domestic demand across core segments. She acknowledged that international markets continue to face challenges due to economic headwinds and geopolitical instability. However, she expressed confidence in the company’s resilient product portfolio and long-standing partnerships. “We are reinforcing our foundation through investments in innovation, capacity expansion, and enhanced customer engagement to ensure sustained growth both in India and abroad,” she said.

Commenting on recent developments, Krishna noted that the company is keeping a close watch on the new U.S. tariff policy. While the full impact is still uncertain, she remains optimistic about the company’s adaptability and continued success in the U.S. market, supported by solid customer relationships and a strong reputation for quality.

On a consolidated basis, Sundram Fasteners reported revenues of ₹1,533.39 crore for the quarter and a consolidated net profit of ₹147.94 crore. The company also incurred a capital expenditure of ₹71.48 crore during the April–June period, underscoring its commitment to long-term growth and capacity enhancement. The company is based in Chennai.