Sundram Fasteners has reported 29.4 per cent rise in its net profit at Rs. 38.12 crore in the first three months ended June 30, 2014, against Rs. 29.45 crore in the same period in the previous year. Sales and operating income for the period under reference increased by 10.5 per cent to Rs. 578.61 crore from Rs. 523.53 crore.