Sundaram Brake Linings Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 848 million compared to INR 872.93 million a year ago. Revenue was INR 848.61 million compared to INR 876.8 million a year ago. Net income was INR 31.58 million compared to net loss of INR 28.64 million a year ago. Basic earnings per share from continuing operations was INR 8.03 compared to basic loss per share from continuing operations of INR 7.28 a year ago. Diluted earnings per share from continuing operations was INR 8.03 compared to diluted loss per share from continuing operations of INR 7.28 a year ago.
For the nine months, sales was INR 2,633.27 million compared to INR 2,630.7 million a year ago. Revenue was INR 2,646.41 million compared to INR 2,654.19 million a year ago. Net income was INR 95.15 million compared to net loss of INR 69.39 million a year ago. Basic earnings per share from continuing operations was INR 24.18 compared to basic loss per share from continuing operations of INR 17.64 a year ago. Diluted earnings per share from continuing operations was INR 24.18 compared to diluted loss per share from continuing operations of INR 17.64 a year ago.