SFL's net profit up 9% to Rs 151 cr in Q1FY27

CHENNAI: Auto components major Sundram Fasteners (SFL) reported Rs 150.97 crore as net profit for the quarter ended June 30, 2026, against Rs 138.35 crore for the corresponding quarter of the previous year. It is expanding presence in non-auto sectors too.

Arathi Krishna, managing director, Sundram Fasteners, said the company has been making steady progress in expanding presence across high-potential non-automotive sectors such as aerospace, wind energy, railways and defence, which will further strengthen the resilience and diversity of our business."

She also said "we have entered the new financial year on a strong footing, buoyed by improving business conditions across key markets and the enduring confidence of our customers. Despite a dynamic global environment, we are encouraged by the steady recovery in export demand and the continued resilience of domestic markets."

The company's investments in technology, manufacturing excellence and customer partnerships have enabled it to respond with agility to evolving market requirements.

Its revenue from operations stood at Rs 1,614.76 crore for the quarter ended June 30, 2026, compared to Rs 1,350.17 crore during the same period in the previous year, registering a robust growth of 20%.

The domestic sales for the quarter ended June 30, 2026, were at Rs 1,084.31 crore as against Rs 930.91 crore during the previous year, registering a growth of 16%.

Export sales for the quarter ended June 30, 2026, were at Rs 465.97 crore as against Rs 379.14 crores during the previous year, registering a growth of 230%.

The company's consolidated revenue from operations for the quarter ended June 30, 2026, stood at Rs 1,846.07 crore compared to Rs 1,533.39 crore during the same period in the previous year, registering a growth of 200%.

The consolidated net profit for the quarter ended June 30, 2026, was at Rs 168.69 crore as against Rs 147.94 crore for the same period in the previous year, registering a growth of 14%.