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Swaraj Engines net rises 28.9%

Feb 5, 2000

Swaraj Engines has posted net profit increase of 28.9%, with sales improving by 10.0%.The company's net profit margin has increased to 13.9% from 11.8% in 3QFY1999.

Sundaram Fasteners net rises 33%

Feb 5, 2000

Sundaram Fasteners has posted net profit growth of 33.3%, while sales have increased 17.3%.The company's net profit margin has firmed up to 10.5% from 9.3% in 3QFY1999.

Sundram Fastener's acquires controlling stake

Jun 3, 1999

With Sundram Fastener's additional 21% investment in Autolec Ind., Sundram's total investments in that company is now in excess of 51%, giving it controlling stake, even while allowing current promoters to remain at the helm of affairs.


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