Sundram Fasteners reports record Q1 profit, revenue jumps 34%

Sundram Fasteners Limited reported revenues of INR1,367 crores for Q1 FY '26, up from INR1,021 crores last year, driven by strong domestic performance across commercial vehicles, engines, passenger vehicles, and tractors that exceeded industry growth.

EBITDA rose to INR238 crores, representing 17.5% of revenues versus 17% last year and 15.6% in Q4. Profit before tax reached a record INR186 crores, with profit after tax at INR138 crores.

The company benefited from European currencies appreciating against the U.S. dollar and favorable raw material prices. Europe contributes 15% of overall exports with the UK adding another 5%, though export markets remain uncertain.

Capital expenditure is anticipated around INR300 crores this year.