Sundaram Brake Linings Ltd manufactures asbestos-free friction materials like brake linings, disc pads, etc for commercial vehicles, passenger cars, tractors, railways, and two-wheelers. It is a part of the TVS group with a 65.5% stake in the company
Financial Results:
Sundaram Brake Linings Ltd reported Revenues for Q1FY24 of ₹93.17 Crores up from ₹89.00 Crore year on year, a rise of 4.69%.
Total Expenses for Q1FY24 of ₹89.44 Crores down from ₹91.55 Crores year on year, a fall of 2.3%.
Consolidated Net Profit of ₹3.50 Crores from -₹0.44 Crores in the same quarter of the previous year.
The Earnings per Share is ₹8.90, from -₹1.12 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.