UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31st DECEMBER 2019

In Lacs

	Particulars	Quarter Ended			Nine Months Ended		For the Year ended
		31.12.2019	30.09.2019	30.12.2018	31.12.2019	31.12.2018	31.03.2019
		(Unaudited)			(Unaudited)		(Audited)
1	Revenue from Operations (Refer Note No. 5)	6,515.34	5,912.57	6,939.40	19,754.78	20,962.14	28,625.86
2	Other Income	97.73	278.97	11.53	417.26	181.24	260.76
3	Total Revenue	6,613.07	6,191.54	6,950.93	20,172.04	21,143.38	28,886.62
4	Expenditure
	(a) Cost of materials consumed	2,923.23	3,232.50	3,878.47	9,555.31	11,079.03	14,636.76
	(b) Excise Duty (Refer Note No. 5)	-	-	-	-	0.00	-
	(c) Changes in inventories of finished goods and work-in-progress	228.63	-701.30	-338.40	-230.19	-156.56	-225.06
	(d) Employee benefits expenses	1,189.94	1,251.91	1,308.83	3,735.67	3,850.11	5,171.85
	(e) Finance cost	40.64	35.11	47.07	119.45	127.52	164.93
	(f) Depreciation and amortisation expense	155.07	126.86	125.09	405.85	369.40	494.50
	(g) Other expenses	1,998.74	2,290.65	1,911.44	6,381.21	5,612.40	7,994.34
5	Total Expenses ( a ... g )	6,536.25	6,235.73	6,932.50	19,967.30	20,881.90	28,237.32
6	Total Profit/ (Loss) before Exceptional items and Tax (3-5)	76.82	-44.19	18.43	204.74	261.48	649.30
7	Exceptional item:
	Ex-gratia to employees under Voluntary Retirement Scheme	-	-	-	-	-	-
8	Profit / (Loss) Before Tax (6 - 7)	76.82	-44.19	18.43	204.74	261.48	649.30
9	Tax expense
	- Current Tax	7.85	(10.89)	3.80	34.18	53.83	133.67
	- Deferred Tax	21.17	2.80	(1.15)	32.31	(114.22)	-189.79
10	Profit/(Loss) for the period from continuing operations (8-9)	47.80	(36.10)	15.78	138.25	321.87	705.42
11	Profit/(Loss) for the period from discontinued operations, if any	-	-	-	-	-	-
12	Profit/ (Loss) for the period (10 + 11)	47.80	(36.10)	15.78	138.25	321.87	705.42
13	Other Comprehensive Income
	a) (i) Item that will not be reclassified to Profit & Loss	-	(8.68)	(2.47)	-	(7.41)	34.71
	(ii) Deferred Tax relating to item that will not be reclassified to Profit & Loss	0.00	-	-	-	1.35	(7.15)
	b) (i) Item that will be reclassified to Profit & Loss	-	-	-	-	-	0.00
	(ii) Income Tax relating to item that will be reclassified to Profit & Loss	-	-	-	-	-	-
14	Total Comprehensive Income (12+13)	47.80	(44.78)	13.31	138.25	315.81	732.98
15	Paid up Equity Share Capital-Face Value-Rs.10/- each	393.46	393.46	393.46	393.46	393.46	393.46
16	Reserves excluding Revaluation Reserve as per balance sheet of previous accounting year						7,805.03
17	Earnings Per Share (EPS) - in Rs.
	a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs.	1.21	(0.92)	0.40	3.51	8.18	17.93
	b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs.	1.21	(0.92)	0.40	3.51	8.18	17.93

Notes :
1.	These financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on February 12, 2020. These results are as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The statutory auditors have carried out a limited review of these results for the quarter / nine months ended December 31,2019 and have issued an unmodified report on these results.
2.	Other Income for the nine months ended 31st December, 2019 includes Payables written back for Rs. 263.32 lacs.
3.	The Company is engaged in the manufacture of friction materials, which in the context of Indian Accounting Standard (lnd AS) 108 Operating Segments, is considered as the operating segment of the Company.
4.	The figures for the previous period have been regrouped wherever necessary to conform to current period classification.

	On behalf of the Board For SUNDARAM BRAKE LININGS LIMITED
Chennai   12th February, 2020	KRISHNA MAHESH MANAGING DIRECTOR
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