Sundram Fasteners  said a good increase in standalone net profit for the quarter ended December 2013.  During the quarter, the profit of the company rose 27.06% to Rs 286.40 million from Rs 225.40 million  in the same quarter previous year.

Net sales for the quarter declined marginally 4.09% to Rs 4,764.50 million, compared with Rs 4,967.50 million for the prior year period.

Earnings per share for the quarter stood at Rs 1.36, registering 27.10% growth over previous year period.

Quarterly Results - Standalone (Rs in mn)
As at	Dec - 13	Dec - 12	%Change
Net Sales	4,764.50	4,967.50	(4.09)
Net Profit	286.40	225.40	27.06
Basic EPS	1.36	1.07	27.10

Shares of the company gained Rs 1, or 2.19%, to trade at  Rs 46.75.  The total volume of shares traded  was  26,560 at the BSE (2.05 p.m., Monday).