Sundram Fasteners Q4 Profit Falls 6.9% YoY

30 Apr 2025 , 10:21 PM

Sundram Fasteners Ltd reported a 6.9% quarter-on-quarter decline in consolidated net profit during Q4FY25 at ₹124.4 crore from ₹133.6 crore during the same quarter last year.

The decline in profits primarily followed lowering margins, while the revenue went up moderately in the quarter. Revenue during Q4FY25 rose by 4.4% at ₹1,530.6 crore compared with ₹1,466.5 crore witnessed during Q4FY24.

EBITDA declined modestly 1.4% at ₹224.7 crore during the quarter over year ago earlier comparable period drop of 15.5% as EBITDA margin edged lower to 14.7%.

While, Q4 performances were below weak level, company achieved all time highest annual revenue and EBITDA for FY ended March 31, 2025. Group revenues during FY25 was at ₹5,983.74 crore driven by high volume of orders and robust demand across core segments.

The company reported FY25 highest ever EBITDA of ₹972.46 crore supported by good cost control and enhanced operating leverage by business segments. Profit before tax (PBT) during FY25 increased to ₹715 crore from ₹695.54 crore during FY24, and profit after tax (PAT) during FY25 increased to ₹541.75 crore from ₹525 crore during FY24.

Sundram Fasteners board announced a second interim dividend of ₹4.20 per share for FY25, which puts the total for the year at ₹7.20 per share. Capital spending was done by the company worth ₹376.43 crore during FY25, the objective being to increase the production capacity in existing and new verticals.

These capex initiatives were targeted at strengthening presence in internal combustion engine (ICE) components, plug-in hybrid electric vehicles (PHEVs), and electric vehicle (EV) platforms.

With a history of more than six decades, Sundram Fasteners has its corporate office in Chennai and is one of the lead suppliers to all major global automotive original equipment manufacturers. It has manufacturing facilities located across all over India, China, and the United States catering to different automotive needs and export markets.