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
  Sundaram Clayton
 ( Results - Analysis 09-Feb-22   20:36 )
  Sundaram Clayton consolidated net profit rises 1714.98% in the March 2021 quarter
 ( Results - Announcements 28-Apr-21   17:48 )
  Sundaram Clayton consolidated net profit declines 6.08% in the March 2023 quarter
 ( Results - Announcements 05-May-23   17:24 )
  Board of TVS Holdings recommends Interim Dividend
 ( Corporate News - 21-Mar-24   15:23 )
  Board of Sundaram Clayton recommends second interim dividend
 ( Corporate News - 24-Mar-21   15:34 )
  Volumes spurt at Sundaram Clayton Ltd counter
 ( Hot Pursuit - 16-Jul-21   14:30 )
  Sundaram Clayton Ltd leads gainers in 'A' group
 ( Hot Pursuit - 16-Jul-21   12:00 )
  Sundaram Clayton consolidated net profit rises 9.18% in the September 2019 quarter
 ( Results - Announcements 18-Oct-19   17:44 )
  Sundaram Clayton to convene AGM
 ( Corporate News - 06-May-23   14:44 )
  Sundaram-Clayton gains after Q2 result
 ( Hot Pursuit - 18-Oct-19   14:29 )
  Sundaram Clayton to discuss results
 ( Corporate News - 25-Sep-18   12:41 )
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