Sundaram Brake Linings Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 872.93 million compared to INR 808.28 million a year ago. Revenue was INR 876.8 million compared to INR 815.31 million a year ago. Net loss was INR 28.64 million compared to INR 16.21 million a year ago. Basic loss per share from continuing operations was INR 7.28 compared to INR 4.12 a year ago.
For the nine months, sales was INR 2,630.7 million compared to INR 2,139.64 million a year ago. Revenue was INR 2,654.19 million compared to INR 2,161.64 million a year ago. Net loss was INR 69.39 million compared to INR 34.88 million a year ago. Basic loss per share from continuing operations was INR 17.64 compared to INR 8.87 a year ago.