Sundram Fasteners Ltd. (SFL) reported a 45% fall in its standalone net profit to £71.41 billion compared to £1.30 billion for the quarter ended in March.
For the full year, however, net profit rose 24.2% to £407.46 billion, the company said in a statement.
Operating income increased 6.2% in the fourth quarter to ₹1,146.44 billion from ₹1,079.25 billion. Exports increased by 8.5% to ₹366 crore.
For the full year, SFL recorded investments of ₹146 crore to expand capacity in its existing businesses.
