Sundram Fasteners Limited announced the re-appointment of Sri Suresh Krishna as Non-Executive Director and Ms Arathi Krishna as Managing Director. The company also appointed Sri K Balasubramaniam as Senior General Manager-Information Technology. Furthermore, the company reported standalone revenue of ₹1,351.47 crores for the quarter ended December 31, 2025.
Leadership Re-appointments
The Board of Directors has approved the re-appointment of Sri Suresh Krishna as Non-Executive Director, effective from July 1, 2026, and Ms Arathi Krishna as Managing Director, effective from May 3, 2026. Both re-appointments are subject to shareholder approval through postal ballot.
Senior Management Appointment
Sri K Balasubramaniam has been appointed as Senior General Manager-Information Technology, effective from January 28, 2026.
Q3 2026 Financial Highlights (Standalone)
Sundram Fasteners Limited reported the following standalone financial results for Q3 2026:
- Revenue from operations: ₹1,351.47 crores, compared to ₹1,256.58 crores in the same quarter of the previous year.
- Profit before exceptional item and tax: ₹173.97 crores, up from ₹153.10 crores in the prior year.
- Net profit: ₹121.88 crores.
- Earnings per share: ₹5.80.
Q3 2026 Financial Highlights (Consolidated)
The company’s consolidated financial highlights include:
- Revenue from operations: ₹1,541.11 crores.
- Profit before tax: ₹174.34 crores.
- Net profit: ₹130.80 crores.
Capital Expenditure
The Company has incurred a capital expenditure of ₹217.92 crores for the nine-months ended December 31, 2025.
New Labour Codes Impact
The implementation of New Labour Codes has led to an estimated one-time increase in provision for employee benefits of ₹11.02 crores, which has been recognized as an exceptional item.
Source: BSE