Net loss of Sundaram Clayton reported to Rs 3.81 crore in the quarter ended June 2017 as against net profit of Rs 11.44 crore during the previous quarter ended June 2016. Sales rose 7.66% to Rs 373.04 crore in the quarter ended June 2017 as against Rs 346.49 crore during the previous quarter ended June 2016.

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Sundaram Clayton will hold a meeting of the Board of Directors of the Company on 8 August 2017 Quarterly Results

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The result was announced after market hours yesterday, 3 May 2017.

Meanwhile, the S&P BSE Sensex was up 162.63 points or 0.54% at 30,057.43. The S&P BSE Small-Cap index was up 73.40 points or 0.5% at 14,883.61.

On BSE, so far 41 shares were traded in the counter as against average daily volume of 262 shares in the past one quarter. The stock hit a high of Rs 4,189.55 and a low of Rs 4,125.75 so far during the day. The stock had hit a record high of Rs 4,850 on 26 April 2017. The stock had hit a 52-week low of Rs 1,925 on 5 May 2016.

The mid-cap company has equity capital of Rs 10.12 crore. Face value per share is Rs 5.

Sundaram Clayton is one of the largest auto components manufacturing and distribution group in India. The company is a leading supplier of aluminium die castings to automotive and non-automotive sector.

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Net profit of Sundaram Clayton declined 56.07% to Rs 38.36 crore in the quarter ended March 2017 as against Rs 87.32 crore during the previous quarter ended March 2016. Sales rose 0.25% to Rs 358.66 crore in the quarter ended March 2017 as against Rs 357.77 crore during the previous quarter ended March 2016.

For the full year,net profit declined 26.90% to Rs 105.59 crore in the year ended March 2017 as against Rs 144.44 crore during the previous year ended March 2016. Sales declined 1.64% to Rs 1394.55 crore in the year ended March 2017 as against Rs 1417.74 crore during the previous year ended March 2016.

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