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Sundram Fasteners Ltd (SFL) on Thursday reported a net profit of Rs 124.24 crore, up 20 per cent for the quarter ended December 31. Net profit was Rs 103.06 crore in the same period a year ago. The third quarter of last year had one-time reversal of deferred tax provision amounting to Rs 42 crore. If that is excluded, profit after tax (PAT) growth for the quarter under review would be 103 per cent.
The total income rose by 35 per cent to Rs 945.41 crore from Rs 701.22 crore.
The total income rose by 35 per cent to Rs 945.41 crore from Rs 701.22 crore.
The domestic sales registered a growth of 42.8 per cent at Rs. 637.01 crore for the quarter under review as against Rs. 446.05 crore during the same period previous year
