SUNDARAM BRAKE LININGS LIMITED
UNAUDITED RESULTS DEC 2015
Investor Information
UNAUDITED FINANCIAL RESULTS  FOR THE QUARTER / NINE MONTHS ENDED 31st DECEMBER 2015
Rs. lacs
 
Particulars
For the Quarter / three months ended
For the nine months ended
For the Year ended
 
  31.12.2015 30.09.2015 31.12.2014 31.12.2015 31.12.2014 31.03.2015
 
(Unaudited)
(Unaudited)
(Audited)
1 Income from Operations            
  (a)  Net sales /  income from operations (net of excise duty) 5,546.89 5,853.74 6,134.27 16,848.04 18,075.82 23,492.66
  (b) Other Operating Income 63.21 31.92 46.48 136.67 105.62 158.11
  Total Income from operations (net) 5,610.10 5,885.66 6,180.75 16,984.71 18,181.44 23,650.77
2 Expenses            
  (a) Cost of materials consumed 2,487.81 2,698.14 3,053.30 7,745.68 9,639.24 12,246.71
  (b) Purchases of stock-in-trade - - - - - -
  (c) Changes in inventories of finished goods & work-in-progress 120.11 26.15 (42.16) 205.01 (339.52) (624.56)
  (d) Employee benefits expense 1,097.08 1,127.96 1,010.57 3,314.18 2,928.26 3,851.51
  (e) Depreciation and amortisation expense 177.51 177.51 177.00 532.53 531.00 688.77
  (f) Other expenses 1,624.52 1,786.56 1,895.01 5,264.35 5,817.81 8,112.02
  Total Expenses ( a ... f ) 5,507.03 5,816.32 6,093.72 17,061.75 18,576.79 24,274.45
3 Profit/ (Loss) from Operations before Other Income, finance cost & Exceptional items (1-2) 103.07 69.34 87.03 (77.04) (395.35) (623.68)
4 Other Income 32.03 46.11 12.08 97.92 54.50 98.76
5 Profit / (Loss) from ordinary activities before finance costs & Exceptional items (3+4) 135.10 115.45 99.11 20.88 (340.85) (524.92)
6 Finance costs 75.02 88.29 98.75 256.35 270.25 368.04
7 Profit / (Loss) from ordinary activities after finance costs but before Exceptional items (5-6) 60.08 27.16 0.36 (235.47) (611.10) (892.96)
8 Exceptional items - - - - - -
9 Profit / (Loss) from Ordinary Activities Before Tax (7 - 8) 60.08 27.16 0.36 (235.47) (611.10) (892.96)
               
10 Tax expense            
  - Current Tax - - - - - (0.09)
  - Previous Year's Tax - - - - - (644.44)
  - Deferred Tax - - - - - 82.75
               
11 Net Profit/ (Loss) from Ordinary Activities After Tax (9 - 10) 60.08 27.16 0.36 (235.47) (611.10) (1,454.74)
12 Extraordinary Items (net)  (net of tax expense) - - - - - -
13 Net Profit / (Loss) for the period (11 - 12) 60.08 27.16 0.36 (235.47) (611.10) (1,454.74)
14 Paid up Equity Share Capital-Face Value-Rs.10/- each 393.46 393.46 393.46 393.46 393.46 393.46
15 Reserves excluding Revaluation Reserve as per Balance Sheet of previous accounting year           6,592.19
16 Earnings Per Share  (EPS) - in Rs.            
  a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs. 1.53 0.69 0.01 (5.98) (15.53) (36.97)
  b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs. 1.53 0.69 0.01 (5.98) (15.53) (36.97)
  See accompanying note to the financial results            
 
NOTES

1.

   The operations of the Company relate only to one segment viz., friction materials.
2.

   The above results were reviewed by the Audit Committee at its meeting held on 5th February, 2016 and approved by the Board of Directors at its
    meeting held on 5th February, 2016 and a limited audit review of the same has been carried out by the Statutory Auditors.

3.

   Prior period figures have been regrouped wherever necessary to conform to current period classification.
 
  On behalf of the Board
  For SUNDARAM BRAKE LININGS LIMITED
 
 
 
  Chennai                                              

KRISHNA MAHESH

MANAGING DIRECTOR
  5th February 2015
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