5/30/2012 12:21:00 PM
NEWS BRIEFS
Sundram Fasteners Sees Double-Digit Profit Decline

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India-based Sundram Fasteners Ltd. reported total income grew 16.3% to INR 5525.4 million in the opening quarter of 2012, according to Steel Guru. 

Net profit for the quarter jumped 43.2% to INR 343.9 million.

Full-year income increased 21.3% to INR 27701.6 million for the year ended March 31st 2012, while net profit dropped 11.6% to INR 995.7 million. ©2012 GlobalFastenerNews.com

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