2/5/2015 1:06:00 AM
NEWS BRIEFS
Sundram Fasteners Reports Jump in Exports
India-based Sundram Fasteners reported a 5% growth in net profit for the third quarter of fiscal 2015, according to the Hindu.
Net profit totaled ₹ 30.13 crore on income of ₹ 588.62 crore for the quarter ended December 31, 2014.
“Domestic and export sales have grown significantly with domestic sales up 25% at ₹ 347.16 crore (₹ 277.71 crore) net of excise duty and exports increasing 20% to ₹ 228.05 crore (₹ 189.36 crore),” the Hindu reported.
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