Sundram Fasteners Board Approves Director Re-Appointments, Q3 Revenue at ₹1,351.47 Crore

Sundram Fasteners’ Board has approved the re-appointment of key directors and reported strong Q3 FY26 results. Sri Suresh Krishna is re-appointed as Non-Executive Director and Ms Arathi Krishna as Managing Director. Standalone revenue for the quarter stood at ₹1,351.47 crore, up from ₹1,256.58 crore YoY. The board also appointed Sri K Balasubramaniam as Senior General Manager – Information Technology.

Leadership Re-Appointments

The Board of Directors has approved the re-appointment of Sri Suresh Krishna as Non-Executive Director, effective July 1, 2026, and Ms Arathi Krishna as Managing Director, effective May 3, 2026. These re-appointments are subject to shareholder approval via postal ballot.

Appointment of Senior Management

Sri K Balasubramaniam has been appointed as Senior General Manager-Information Technology, effective January 28, 2026. This appointment is based on the recommendation of the Nomination and Remuneration Committee.

Q3 FY26 Financial Performance

Sundram Fasteners reported a standalone revenue from operations of ₹1,351.47 crore for Q3 FY26, compared to ₹1,256.58 crore in Q3 FY25. Domestic sales for the quarter grew to ₹994.97 crore, an 18% increase YoY. Export sales were reported at ₹308.41 crore. Profit before exceptional items and tax stood at ₹173.97 crore, a 14% increase from the previous year.

Nine-Month Financial Highlights

For the nine months ended December 31, 2025, the company’s revenue from operations reached ₹4,040.01 crore, compared to ₹3,855.75 crore in the corresponding period. Domestic sales for the same period were ₹2,882.82 crore, reflecting a growth of 13%. Net profit for the nine months was ₹400.50 crore.

Consolidated Financial Results

Consolidated revenue from operations for Q3 FY26 was reported at ₹1,541.11 crore. The consolidated net profit for the quarter was ₹130.80 crore. For the nine months ended December 31, 2025, the consolidated revenue and net profit reached ₹4,595.52 crore and ₹431.49 crore, respectively.

Capital Expenditure

The company incurred a capital expenditure of ₹217.92 crore for the nine months ended December 31, 2025, aligning with its planned program for the financial year 2025-26.

Source: BSE

Previous Article

Mastek Q3 FY26 Results - Revenue Declines Amid Strong Order Backlog Growth

Next Article

AGI Greenpac Board Approves Unaudited Q3 Results, Key Appointments, and Diversification