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Sundaram Brake Linings reports net loss of Rs 67.44 lakh in Q3

23 Jan 2014 Evaluate

Sundaram Brake Linings has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 67.44 lakh for the quarter as compared to net loss of Rs 85.16 lakh for the same quarter in the previous year. Total income from operations of the company has increased by 3.92% at Rs 61.81crore for quarter under review as compared to Rs 60.21 crore for the quarter ended December 31, 2012.

Sundaram Brake Linings (SBL), a TVS Group company is now a fully Indian owned company manufacturing automotive, non-automotive and industrial friction materials. SBL products are extensively used in commercial vehicles, passenger cars, tractors (agricultural) and motor cycles.

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