Sundaram Brake Linings Ltd Q1 FY2024 PAT soars to Rs. 3.50 crore

Sundaram Brake Linings Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 93.5609 crores during the period ended June 30, 2023 as compared to Rs. 92.1844 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.5004 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.1577 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 8.90 for the period ended June 30, 2023 as compared to Rs. 5.48 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 93.5609 crs	₹92.1844 crs	1.49%
Net Profit	₹3.5004 crs	₹2.1577 crs	62.23%
EPS	₹8.90	₹5.48	62.41%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 93.5609 crores during the period ended June 30, 2023 as compared to Rs.90.5764 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.5004 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.4371 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.8.90 for the period ended June 30, 2023 as compared to Rs.-1.11 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 93.5609 crs	₹90.5764 crs	3.30%
Net Profit	₹3.5004 crs	₹-0.4371 crs	900.82%
EPS	₹8.90	₹-1.11	901.80%

Shares of Sundaram Brake Linings Limited was last trading in BSE at Rs. 489.05 as compared to the previous close of Rs. 508.05. The total number of shares traded during the day was 717 in over 166 trades.

The stock hit an intraday high of Rs. 511.55 and intraday low of 485.35. The net turnover during the day was Rs. 355375.00.

Source : Equity Bulls

Keywords

SundaramBrakeLinings Q1FY24 ResultUpdate