Sundram Fasteners Declares 80% Second Interim Dividend For FY13

Article by · 2013/05/30 ·

5/30/2013 7:51 AM ET
Sundram Fasteners Ltd. has approved payment of second interim dividend of 80 percent of Re.0.80 per equity share of Re.1 each for the fiscal year 2013.

The Board did not recommend any final dividend for the financial year ended March 31, 2013.

For the fiscal year, the company reported a stand-alone net profit of Rs.95.06 crore, down by 16 percent from the Rs.112.60 crore in 2012. Total net income, including other operating income, stood at Rs.2,069.42 crore, compared with Rs.2,146.64 crore last year, a decline of four percent.( …)

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