Financial Daily from THE HINDU group of publications
Sunday, May 15, 2005
Financial Daily from THE HINDU group of publications Sunday, May 15, 2005 |
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Corporate Results
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Automobile Components Sundaram Brake full-year net up at Rs 10 cr Our Bureau
Chennai , May 14 SUNDARAM Brake Linings Ltd has registered a net profit of Rs 10.15 crore on sales of Rs 132.77 crore for the year ended March 31, 2005 against a net profit of Rs 9.09 crore on sales of Rs 119.75 crore in the previous year. Domestic sales amounted to Rs 73.98 crore (Rs 67.23 crore) and exports Rs 58.78 crore (Rs 52.51 crore), a growth of 10 per cent and 12 per cent, respectively over the previous year. The board of directors has declared a second interim dividend of Rs 5 a share (50 per cent) taking the dividend for the year to Rs 10 a share (100 per cent). In the fourth quarter of 2004-05, the company's net profit was Rs 2.19 crore on sales of Rs 32.31 crore compared to a net profit of Rs 2.7 crore on sales of Rs 31.99 crore for the corresponding quarter last year.
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