Global Fastener News

Sundram Fastener Profit Soars

January 29
00:00 2007

Sundram Fastener Profit Soars

Jason Sandefur

India-based Sundram Fasteners Ltd. reported sales for the third quarter of fiscal 2007 climbed 14.9% to Rs 3.04 billion (US$68.8m). Net profit for the quarter jumped 74% to Rs 209.4 million (US$4.73m).
During the first nine months of fiscal 2007 sales increased to Rs 9.54 billion (US$203.55m), while profit improved to Rs 644 million (US$14.43m). Web: sundram.com �2007 FastenerNews.com

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