Online edition of India's National Newspaper
Sunday, Oct 30, 2005
Online edition of India's National Newspaper Sunday, Oct 30, 2005 |
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Business
Special Correspondent
CHENNAI: Sundram Fasteners Ltd. (SFL) has reported a lower net profit of Rs.13.72 crore for the quarter ended September 2005, down from Rs.14.77 crore in the same period last year. Saleshave gone up to Rs. 263.59 crore (Rs. 227.89 crore). Out of this, exports are placed at Rs. 82.77 crore (Rs. 62.59 crore). Interest costs have risen to Rs. 3.86 crore (Rs.1.84 crore). There has been a higher provision for depreciation at Rs. 6.51 crore (Rs. 5.85 crore). The board has recommended an interim dividend of Re.0.85 per equity share of Re. 1 each.
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