Sundaram Brake Linings Limited — Board Meeting, 25-05-2025: Outcome of Board Meeting
25-05-2025 | 12:36 pm
25-05-2025 | 12:36 pm
Sundaram Brake Linings has announced a board meeting on 25th May 2025, approving the financial results for the quarter and half-year. The company posted annual revenue of Rs. 355.07 Cr with a net profit of Rs. 5.17 Cr, impacted by project delays, rising development costs, and a sluggish commercial vehicle market. A dividend of Rs. 1.5/share (15%) is proposed, subject to shareholder approval. The board appointed M/s. Sundaram & Srinivasan as internal auditors for FY26 and endorsed M/s. V Suresh Associates as secretarial auditors for five years.
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