Sundaram net loss at Rs 4.82 cr

Sundaram Clayton Ltd, Chennai-based automotive components manufacturer, reported a net loss of Rs 4.82 crore for the fourth quarter ended March 31, 2009, as compared with a profit of Rs 5.99 crore in the same quarter last year.

The company’s net sales dropped 3 per cent to Rs 112.91 crore from Rs 116.28 crore.