1/7/2012 12:01:00 AM
NEWS BRIEFS
Cyclone Knocks Out Operations at Sundram Fasteners
Sundram Fasteners Ltd. said its operations in Korkadu village, Puducherry and Mittarnandagapet village, Villupurain District, TamilNadu, have been disrupted due to damages caused by the recent cyclone, Moneycontrol.com report.
The company expects to restore normal operations in stages over the next two weeks.
In November India-based Sundram Fasteners said its net revenue during the second fiscal quarter of 2011 expand 17% to 545.57 crore, boosted by strong growth in domestic sales and a 31% jump in exports. Q3 profit dropped 40% to Rs. 18.43 crore. ©2012 GlobalFastenerNews.com
Sundram Fasteners Ltd. said its operations in Korkadu village, Puducherry and Mittarnandagapet village, Villupurain District, TamilNadu, have been disrupted due to damages caused by the recent cyclone, Moneycontrol.com report.
The company expects to restore normal operations in stages over the next two weeks.
In November India-based Sundram Fasteners said its net revenue during the second fiscal quarter of 2011 expand 17% to 545.57 crore, boosted by strong growth in domestic sales and a 31% jump in exports. Q3 profit dropped 40% to Rs. 18.43 crore. ©2012 GlobalFastenerNews.com
Related Stories:
• EU Renews Tariffs on Stainless Steel Screws From China & Taiwan
• Nucor Fastener To Press for Full ITC Investigation
• Obituary: FIN Co-Publisher Ann Bisgyer Wolz
• Fire Destroys Spare Building of Fastener Distributor
Related Links:
Share: