NEWSALERT: Sundaram Brake Q1 net slips by 64%

Chennai-based Sundaram Brake Linings Limited, part of the TVS group, has reported a dip of 64.4 per cent in the net profit to Rs 1.03 crore for the quarter ended June 30, 2009 as compared to Rs 2.90 crore in the same quarter last year.

The net sales of the company has also decreased to Rs 41.44 crore as compared to Rs 48.13 crore in the same quarter last year.

Details Awaited