SUNDARAM BRAKE LININGS LIMITED
Unaudited result June2010
Investor Information
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER ENDED 30th June 2010
Rs. lacs
  Particulars For the Quarter / three
months ended		 Year ended
30.06.2010 30.06.2009 31.03.2010
(Unaudited) (Audited)
1 (a) Net Sales 5,499.03 4,144.96 19,933.16
(b) Other Operating  Income 31.32 4.25 113.30
Total Income 5,530.35 4,149.21 20,046.46
2. Expenditure      
  a) Decrease / (Increase) in stock in trade and work in progress 39.23 1.37 (5.37)
  b) Consumption of raw materials & components 2,894.87 1,893.45 9,684.22
  c) Employee Cost 701.80 569.79 2,355.71
  d) Power & Fuel 673.76 454.74 2,267.65
  e) Depreciation 159.99 147.63 593.52
  f) Other expenditure 783.20 663.30 3,408.17
  Total Expenditure ( a ... f ) 5,252.85 3,730.28 18,303.90
3 Profit from Operations before Other Income, Interest & Exceptional items (1-2) 277.50 418.93 1,742.56
4 Other Income -  -  - 
5 Profit before Interest & Exceptional items (3+4) 277.50 418.93 1,742.56
6 Interest 66.67 72.09 219.44
7 Profit after Interest but before Exceptional items (5-6) 210.83 346.84 1,523.12
8 Exceptional items -  -  - 
9 Profit from Ordinary Activities Before Tax (7-8) 210.83 346.84 1,523.12
10 Tax expense
  - Current Tax 42.02 127.74 373.96
  - Deferred Tax - (9.50) (33.00)
11 Net Profit from Ordinary Activities After Tax 168.81 228.60 1,116.16
12 Extraordinary Items (net of tax expense)      
  Amount paid to bank 140.12 124.76 499.04
13 Net Profit for the period 28.69 103.84 617.12
14 Paid up Equity Share Capital-Face Value-Rs.10/- each 393.46 393.46 393.46
15 Reserves excluding Revaluation Reserve as per balance sheet of previous accounting year     8,861.68
16 Earnings Per Share (EPS) - in Rs.
a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs. 4.29 5.81 29.83
b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs. 0.73 2.64 16.49
17 Public shareholding
- Number of shares  1,395,734 1,395,734 1,395,734
- Percentage of shareholding 35.5% 35.5% 35.5%
18 Promoters and Promoter Group Shareholding
a. Pledged/Encumbered
- Number of shares  Nil Nil Nil
- Percentage of shares (as a % of the total shareholding of the promoter and promoter group) Nil Nil Nil
- Percentage of shares (as a % of the total share capital of the company) Nil Nil Nil
b) Non-encumbered
- Number of shares  2,538,841 2,538,841 2,538,841
- Percentage of shares (as a % of the total shareholding of the promoter and promoter group) 100.0% 100.0% 100.0%
- Percentage of shares (as a % of the total share capital of the company) 64.5% 64.5% 64.5%
 
Note:
1 The operations of the Company relate only to one segment viz, friction materials.
2 Status of investor grievances for the Quarter ended 30th June 2010 : 

Number of complaints received and disposed during the quarter - Nil. Number of complaints pending unresolved at the commencement and at the close of the quarter - NIL.
3 Note on losses arising from derivative transactions:
As reported in earlier publications and Annual Accounts, there were disputes arising out of certain derivative transactions entered into on behalf of the Company with some banks and the disputes relating to such transactions with all banks have been settled. The net amount paid by the Company relating to the period has been shown as Extraordinary Expenditure (net of tax). If the Company defaults in case of its financial commitments under the said settlement, the entire amount claimed by the Bank (net of payments made) equivalent to Rs. 84.12 Crores would become payable.
4 The above results were reviewed by the Audit Committee and taken on record by the Board of Directors at its meeting held on 21st July 2010 and a limited audit review of the same has been carried out by the Statutory Auditors.
5 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 K MAHESH
  22nd July 2010 CHAIRMAN & MANAGING DIRECTOR