Sundaram Brake Linings Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 853.56 million compared to INR 867.8 million a year ago. Revenue was INR 862.19 million compared to INR 871.63 million a year ago. Net income was INR 28.56 million compared to net loss of INR 36.38 million a year ago. Basic earnings per share from continuing operations was INR 7.26 compared to basic loss per share from continuing operations of INR 9.25 a year ago.
For the six months, sales was INR 1,785.28 million compared to INR 1,757.76 million a year ago. Revenue was INR 1,797.8 million compared to INR 1,777.39 million a year ago. Net income was INR 63.57 million compared to net loss of INR 40.75 million a year ago. Basic earnings per share from continuing operations was INR 16.16 compared to basic loss per share from continuing operations of INR 10.36 a year ago.