Sundaram-Clayton Ltd.’s standalone net profit for the quarter ended December more than doubled to ₹34 crore against year-ago period.
During the quarter under review, revenue from operations rose to ₹503 crore from ₹427 crore, it said in a regulatory filing.
The result included an exceptional item viz. interest income of ₹25.61 crore and one time cost associated with voluntary separations of ₹4.30 crore.
The board declared an interim dividend of ₹59 per share. The record date is February 3.
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