macro

Sundram Fasteners lifts Q2 net profit 13% and revenue 30%

According to Moody's, Sundram Fasteners posted a 13% rise in consolidated net profit for the quarter ended September 30, 2026, with revenue up 30%.

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what happened

Indian fastener maker Sundram Fasteners said consolidated net profit for the quarter ended September 30, 2026 rose 13% to ₹173 crore from ₹153 crore a year earlier. Revenue climbed 30% to ₹1,985 crore from ₹1,521 crore. Moody's cites the company's release for these figures.

On a standalone basis, profit grew 14% to ₹160 crore and revenue from operations rose 32% to ₹1,761 crore. Domestic sales reached ₹1,173 crore, up 23%, while exports climbed 57% to ₹531 crore, which the company linked to favourable customer demand.

Capital expenditure for the six months to September 30, 2026 came to ₹281 crore, in line with the plan for fiscal 2026-27. The board, meeting on Wednesday, declared an interim dividend of ₹4.05 per share (405%) for fiscal 2026-27.

why it matters

The report suggests growth is not confined to the auto segment, as the company directs investment toward non-auto businesses, electric vehicles, hybrids and adjacent areas. Pairing export and revenue growth with capex in line with plan is a point investors tracking Indian industrial companies will watch closely.

market impact

Sundram Fasteners shares: stronger revenue, profit and exports support the stock

  • Sundram Fasteners shares pressure up — strong results and export growth support interest in the stock

tags

instruments

Sundram Fasteners sharesIndian industrials

sources

  1. Sundram Fasteners reports 13% growth in PAT in Q2’27 — Moody's, 28 October 2026 at 16:03 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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