Sundaram Brake Linings Ltd Q3 FY23 loss reduces QoQ to Rs. 2.86 crore

Sundaram Brake Linings Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 87.6804 crores during the period ended December 31, 2022 as compared to Rs. 87.1626 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -2.8641 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -3.6381 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -7.28 for the period ended December 31, 2022 as compared to Rs. -9.25 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹87.6804 crs	₹87.1626 crs	0.59%
Net Profit	₹-2.8641 crs	₹-3.6381 crs	21.27%
EPS	₹-7.28	₹-9.25	21.30%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.87.6804 crores during the period ended December 31, 2022 as compared to Rs.81.5311 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-2.8641 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-1.6208 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-7.28 for the period ended December 31, 2022 as compared to Rs.-4.12 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹87.6804 crs	₹81.5311 crs	7.54%
Net Profit	₹-2.8641 crs	₹-1.6208 crs	76.71%
EPS	₹-7.28	₹-4.12	76.70%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.265.4194 crores during the 9 Months period ended December 31, 2022 as compared to Rs.216.1637 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-6.9393 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-3.4884 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-17.64 for the 9 Months period ended December 31, 2022 as compared to Rs.-8.87 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹265.4194 crs	₹216.1637 crs	22.79%
Net Profit	₹-6.9393 crs	₹-3.4884 crs	98.93%
EPS	₹-17.64	₹-8.87	98.87%

Shares of Sundaram Brake Linings Limited was last trading in BSE at Rs. 306.10 as compared to the previous close of Rs. 316.85. The total number of shares traded during the day was 194 in over 27 trades.

The stock hit an intraday high of Rs. 313.50 and intraday low of 306.00. The net turnover during the day was Rs. 60074.00.

Source : Equity Bulls

Keywords

SundaramBrakeLinings Q3FY23 9MFY23 ResultUpdate