Hot Pursuit     10-Feb-22
Sundaram-Clayton slips after Q3 PAT contracts 37% YoY
Sundaram-Clayton fell 2.64% to Rs 4074.70 after the company's consolidated net profit declined 37% to Rs 127.32 crore despite an 8% increase in revenue from operations to Rs 6,915.62 crore in Q3 FY22 over Q3 FY21.

On the segmental front, Automotive components revenue was Rs 584.72 crore (up 13% YoY), Automotive Vehicles & Parts revenue was Rs 5,785.38 crore (up 6% YoY), Financial Services revenue was Rs 722.02 crore (up 23% YoY) and Other revenue was Rs 7.78 crore in Q3 FY22.

Total expenditure rose by 10% YoY to Rs 6,566.49 crore during the quarter.

Sundaram-Clayton is part of the TVS Group. The company is a leading manufacturer of aluminium die-casting components. It supplies to major automotive OEMs and to component suppliers.

Previous News
  TVS Holdings consolidated net profit rises 81.13% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   17:35 )
  Sundaram Clayton divests 9.46% stake in TVS Training and Services
 ( Corporate News - 08-Oct-22   13:19 )
  Sundaram-Clayton gains after Q2 PAT rises 43% YoY
 ( Hot Pursuit - 07-Nov-22   14:37 )
  Sundaram Clayton reports consolidated net profit of Rs 1.61 crore in the June 2021 quarter
 ( Results - Announcements 30-Jul-21   16:29 )
  TVS Holdings appoints Managing Director
 ( Corporate News - 12-Sep-23   14:29 )
  Sundaram Clayton to convene AGM
 ( Corporate News - 06-May-23   14:44 )
  Sundaram Clayton to declare Quarterly Result
 ( Corporate News - 11-Jul-23   10:38 )
  TVS Holdings announces acquisition of balance stake in Emerald Haven Towers
 ( Corporate News - 03-May-24   20:13 )
  Sundaram Clayton fixes record date for interim dividend
 ( Market Beat - Reports 18-Jan-21   19:50 )
  Sundaram-Clayton's board declares dividend
 ( Hot Pursuit - 11-Mar-20   08:50 )
  Sundaram Clayton consolidated net profit declines 6.08% in the March 2023 quarter
 ( Results - Announcements 05-May-23   17:24 )
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