Arathi Krishna, Managing Director, Sundram Fasteners Limited
Sundram Fasteners Ltd, the Chennai-based automotive component supplier, reported a 14 per cent increase in net profit for the June quarter at ₹169 crore as against ₹148 crore for the same period last year. The company’s consolidated revenue from operations was at ₹1,846 crore (₹1,533 crore), a growth of 20 per cent.Standalone financialsOn a standalone basis, the net profit for the quarter ended June 30, 2026, was ₹151 crore (₹138 crore) on revenue from operations at ₹1,615 crore (₹1,350 crore), registering a growth of 20 per cent.The domestic sales for the quarter ended June 30, 2026, were at ₹1,084 crore (₹931 crore) during the previous year, registering a growth of 16 per cent. The export sales for the quarter ended June 30, 2026 were at ₹466 crore (₹379 crore), a growth of 23 per cent, says the release.Arathi Krishna, Managing Director, Sundram Fasteners Limited, said, the company has entered the new financial year on a strong footing, buoyed by improving business conditions across key markets and the enduring confidence of the customers. Despite a dynamic global environment, we are encouraged by the steady recovery in export demand and the continued resilience of domestic markets.“We are also making steady progress in expanding our presence across high-potential non-automotive sectors such as aerospace, wind energy, railways and defence, which will further strengthen the resilience and diversity of our business. As we move through the year, we remain focused on operational excellence, prudent capital allocation and creating long-term value for all our stakeholders,” she said.capital expenditureTo drive long-term growth, the company has earmarked capital expenditure of ₹400 crore towards capacity expansion initiatives. These investments are expected to significantly enhance the company’s capabilities to address increasing customer requirements across various segments, including Internal Combustion Engine vehicles, plug-in hybrid electric vehicles and electric vehicles (EVs), says the company statement.Within the fasteners division, an investment of approximately ₹250 crore is proposed to strengthen the company’s presence in the growing wind energy sector, as well as the space and aerospace industries. In addition, the company plans to invest approximately ₹100 crore in the cast and machined assemblies business to augment its capabilities in the manufacture of high-value precision-engineered assemblies, the release said.EV Market and Digital Innovation In the global automotive market, there are continuously emerging trends in mobility. Although US OEMs have started to concentrate more on hybrids, their counterparts in Europe are rapidly moving towards the use of electric vehicles. As a result of its strong position in both of these markets, the company is well-placed to leverage these emerging opportunities through its wide range of products and established customer relationships, the company said.Published on August 4, 2026
