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Sundaram Brake net profit up

CHENNAI: Sundaram Brake Linings has increased its turnover to Rs. 189.03 crore in the year ended March 31, 2007, from Rs. 144.74 crore in the previous year. The gross profit before depreciation and interest charges has improved to Rs. 28.99 crore from Rs. 22.60 crore and the net profit after taxation to Rs. 13.77 crore from Rs. 10.39 crore. The directors have announced a third interim dividend of 30 per cent and the aggregate of interim dividends declared for the year is 130 per cent.

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