UNAUDITED RESULTS JUN 2014
UNAUDITED FINANCIAL RESULTS  FOR THE QUARTER ENDED 30th JUNE 2014
Rs. lacs
 

Particulars

For the Quarter / three months ended
For the Year ended
 
(Unaudited)
(Audited)
   
30.06.2014
31.03.2014
30.06.2013
31.03.2014
1 Income from Operations



  (a)  Net sales /  income from operations (net of excise duty) 5,582.30 6,374.34 5,893.82 24,361.71
  (b) Other Operating Income 30.59 126.09 32.14 299.93
  Total Income from operations (net) 5,612.89 6,500.43 5,925.96 24,661.64
2 Expenses



  (a) Cost of materials consumed 2,944.74 3,369.62 2,914.10 12,280.71
  (b) Purchases of stock-in-trade - - - -
  © Changes in inventories of finished goods & work-in-progress 112.75 34.92 208.50 450.12
  (d) Employee benefits expense 937.61 757.69 909.21 3,434.87
  (e) Depreciation and amortisation expense 177.00 182.18 209.58 810.92
  (f) Other expenses 1,935.91 2,341.51 1,946.63 7,970.84
  Total Expenses ( a ... f ) 6,108.01 6,685.92 6,188.02 24,947.46
3 Profit/ (Loss) from Operations before Other Income, finance cost & Exceptional items (1-2) (495.12) (185.49) (262.06) (285.82)
4 Other Income 11.03 85.22 55.55 250.87
5 Profit / (Loss) from ordinary activities before finance costs & Exceptional items (3+4) (484.09) (100.27) (206.51) (34.95)
6 Finance costs 90.45 69.96 72.63 292.66
7 Profit / (Loss) from ordinary activities after finance costs but before Exceptional items (5-6) (574.54) (170.23) (279.14) (327.61)
8 Exceptional items - 339.71 - 339.71
9 Profit / (Loss) from Ordinary Activities Before Tax (7 - 8) (574.54) 169.48 (279.14) 12.10
   




10 Tax expense




  - Current Tax - (0.05) - (0.05)
  - Previous Year's Tax - (409.29) - (409.29)
  - Deferred Tax - (124.40) - (124.40)
   




11 Net Profit/ (Loss) from Ordinary Activities After Tax (9 - 10)
(574.54)
(364.26)
(279.14)
(521.64)
12 Extraordinary Items (net)  (net of tax expense) - - - -
13 Net Profit / (Loss) for the period (11 - 12) (574.54) (364.26) (279.14) (521.64)
14 Paid up Equity Share Capital-Face Value-Rs.10/- each 393.46 393.46 393.46 393.46
15 Reserves excluding Revaluation Reserve as per Balance Sheet of previous accounting year


8,265.71
16 Earnings Per Share  (EPS) - in Rs.



  a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs. (14.60) (9.26) (7.09) (13.26)
  b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs. (14.60) (9.26) (7.09) (13.26)
  See accompanying note to the financial results

PART II
Select information for the quarter ended 30th June 2013 and same period of previous year
A PARTICULARS OF SHAREHOLDING



1 Public shareholding



  - Number of shares 1,335,791 1,335,791 1,372,928 1,335,791
  - Percentage  of shareholding 34.0% 34.0% 34.9% 34.0%
2 Promoters and Promoter Group Shareholding



  a. Pledged/Encumbered



  - Number of shares Nil Nil Nil Nil
  - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) Nil
Nil
Nil
Nil
  - Percentage of shares (as a % of the total share capital of the company) Nil
Nil
Nil
Nil
  b. Non-encumbered



  - Number of shares 2,598,784 2,598,784 2,561,647 2,598,784
  - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) 100.0%
100.0%
100.0%
100.0%
  - Percentage of shares (as a % of the total share capital of the company) 66.0%
66.0%
65.1%
66.0%

 
Particulars
3 months ended 30th June 2014
B INVESTOR COMPLAINTS  
     
  Pending at the beginning of the quarter
Nil
  Received during the quarter
Nil
  Disposed of during the quarter
Nil
  Remaining unresolved at the end of the quarter
Nil

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 and approved by the Board of Directors at its meeting held on 1st August 2014
    and a limited audit review of the same was carried out by the Statutory Auditors.

3. Depreciation for the quarter ended 30th June 2014 has been provided, based on the useful of life of assets specified under Schedule II of
    Companies Act, 2013. Consequently, Depreciation charged for the quarter ended 30th June 2014 is less by Rs. 36 lacs.

4. 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
  1st August 2014 MANAGING DIRECTOR
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