Sundram Fasteners Ltd, an auto components manufacturing company, has announced its financial results for the July-September 2023 quarter. The company reported a standalone profit of Rs 117.93 crore, compared to Rs 111.75 crore in the same quarter last year. The total income for the quarter also increased. The company’s domestic sales and export sales have shown positive growth. The company has declared an interim dividend for the financial year 2023-24. The company’s EBITDA has also improved, mainly due to cost control measures and improved operational efficiency. The company has invested in capital expenditure in line with its plans for EV orders. For more information, read the full article.