Sundram Fasteners Ltd (SFL) has reported its highest-ever standalone net profit and total income for the March quarter of FY26 at ₹180 crore and ₹1,529 crore respectively, registering a growth of 34% and 12% over the year-ago period, driven by robust domestic demand and improved efficiencies.
Domestic sales grew 14% to ₹1,029 crore, while exports increased to ₹432 crore from ₹410 crore.
Consolidated income & dividend
SFL consolidated total income grew to ₹1,720 crore from ₹1,538 crore and net profit rose to ₹161 crore from ₹124 crore.
The Board declared a second interim dividend of ₹4.25 per share, taking the total dividend for FY26, including the first interim dividend, to ₹8 per share.
Demand drives growth
“Despite a challenging global environment marked by geopolitical uncertainties, we have delivered all-time high results driven by robust domestic demand and improved efficiencies. We continue to see strong momentum in our non-auto segments such as wind energy, aerospace, and railways, which provide significant headroom for future growth. Additionally, new business wins across geographies have enabled us to further expand our global footprint.
The uptick in North American Class 8 truck and ICE vehicle sales has supported growth in our automotive portfolio, while our strategic shift to directly engage with OEMs outside India in the fasteners division has enhanced both margins and market access, even amid broader industry sluggishness.
Capex for long term growth
To drive long-term growth, the Company has incurred ₹404 crore towards capital expenditure as part of capacity expansion of existing lines of business and new projects. These investments will significantly enhance the Company’s capability to meet customer demand in the auto and non-auto segments,” said Sundram Fasteners Managing Director, Arathi Krishna.