Sundram fasteners has announced quarterly result for mar-2020 their net profit went to down 57.30% year on year and net profit in quarter on quarter went to down 54.60%.
Net profit margin quarter on quarter went to down 6.50% from 14.70% it was in dec-2019 and their net sales increased 1.30% quarter on quarter.
|No. of Mths||3||3||3||QoQ Change||YoY Change|
|Net Sales||Rs m||10,083||6,928||7,016||1.30%||-30.40%|
|Other income||Rs m||75||84||216||156.70%||187.40%|
|Gross profit||Rs m||1,763||1,161||884||-23.90%||-49.80%|
|Profit before tax||Rs m||1,460||811||632||-22.10%||-56.70%|
|Profit after tax||Rs m||1,095||1,031||468||-54.60%||-57.30%|
|Gross profit margin||%||17.5||16.8||12.6|
|Effective tax rate||%||24.9||-27||26|
|Net profit margin||%||10.8||14.7||6.5|