SUNDARAM-CLAYTON LIMITED
Regd office: "Jayalakshmi Estates",  29, Haddows Road, Chennai 600 006
UNAUDITED (STANDALONE) FINANCIAL RESULTS FOR THE QUARTER  ENDED 30TH JUNE 2010
	&
AUDITED FINANCIAL RESULTS (BOTH STANDALONE AND CONSOLIDATED) FOR THE YEAR ENDED 31ST MARCH 2010
							Rs. in lakhs
		STANDALONE				CONSOLIDATED
Particulars		3 months ended	Corresponding 3 months ended in previous year	year ended	year ended	year ended	year ended
		30.6.2010	30.6.2009	31.3.2010	31.3.2009	31.3.2010	31.3.2009
		(Unaudited)		(Audited)		(Audited)
		(1)	(2)	(3)	(4)	(5)	(6)
1(a)	Net sales / Income from operations	16,472.08	9,368.92	49,267.53	49,236.99	517,600.14	439,288.60
(b)	Other Operating Income	1,133.19	812.15	3,002.74	2,807.06	9,952.59	8,150.01
	Total Income	17,605.27	10,181.07	52,270.27	52,044.05	527,552.73	447,438.61
2.	Expenditure
	a. (Increase) / decrease in  stock in trade and work in progress	(74.03)	26.20	460.56	(442.09)	248.46	4,746.08
	b. Consumption of raw materials	9,243.88	4,643.31	23,384.82	27,251.43	346,054.12	300,614.07
	c. Purchase of traded goods	82.08	57.17	503.44	865.28	3,993.84	4,175.00
	d. Employees cost	2,151.75	1,579.88	6,887.82	6,024.04	40,033.63	34,081.22
	e. Depreciation	990.06	858.37	3,755.89	3,105.06	18,202.58	17,375.36
	f.  Provision as per Reserve Bank of India norms	-	-	-	-	-	4,422.22
	g. Other expenditure	4,451.57	2,617.46	14,783.12	13,126.66	122,436.11	86,908.37
	h. Total	16,845.31	9,782.39	49,775.65	49,930.38	530,968.74	452,322.32
3.	Profit from Operations before other income, Interest & Exceptional items (1-2)	759.96	398.68	2,494.62	2,113.67	(3,416.01)	(4,883.71)
4.	a. Other income	139.67	-	1,569.43	825.82	11,926.76	3,565.57
	b. Foreign currency monetary item translation difference	13.00	-	57.13	(36.48)	1,351.13	(601.48)
5.	Profit before Interest & Exceptional items (3+4a+4b)	912.63	398.68	4,121.18	2,903.01	9,861.88	(1,919.62)
6.	Interest (net of income)	654.82	636.79	2,052.35	2,207.17	14,793.94	15,128.94
7.	Profit after Interest but before Exceptional Items (5-6)	257.81	(238.11)	2,068.83	695.84	(4,932.06)	(17,048.56)
8.	Exceptional Items net (expense)	-	-	(702.00)	-	-	-
9.	Profit (+) / Loss (-) from Ordinary Activities before tax (7+8)	257.81	(238.11)	1,366.83	695.84	(4,932.06)	(17,048.56)
10.	Tax expense	25.00	(29.36)	131.28	63.18	(396.46)	(2,546.81)
11(a)	Net Profit (+) /Loss (-) from Ordinary Activities after tax (9-10)	232.81	(208.75)	1,235.55	632.66	(4,535.60)	(14,501.75)
(b)	Share of profit/(loss) of associate					6.77	9.78
12.	Extraordinary Item (net of tax expense)	-	-	-	-	-	10.49
13.	Net Profit (+)/Loss(-) for the period (11-12)	232.81	(208.75)	1,235.55	632.66	(4,528.83)	(14,502.46)
14.	Paid up equity share capital (Face value of Rs.5/- each)	1,896.76	948.38	1,896.76	948.38	1,896.76	948.38
15.	Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year			22,559.21	23,011.89	51,589.51	42,258.64
16.	Earnings Per Share (EPS)
(a)	Basic and diluted EPS before Extraordinary items for the period, for the year to date and for the previous year (not to be annualised)	0.61	(0.55)	3.26	1.67	(6.20)	(31.04)
(b)	Basic and diluted EPS after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised)	0.61	(0.55)	3.26	1.67	(6.20)	(31.04)
17.	Public Shareholding
	- Number of shares	7,587,040	3,793,520	7,587,040	3,793,520
	- Percentage of shareholding	20.00	20.00	20.00	20.00
18.	Promoters and Promoter Group Shareholding
(a)	Pledged / Encumbered
	- Number of shares	Nil	Nil	Nil	Nil
	- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	Nil	Nil	Nil	Nil
	- Percentage of shares (as a % of the total share capital of the company).	Nil	Nil	Nil	Nil
	Non - encumbered
(b)	- Number of shares	30,348,128	15,174,064	30,348,128	15,174,064
	- Percentage of shares (as a % of the total shareholding of promoter and promoter group)	100.00	100.00	100.00	100.00
	- Percentage of shares (as a % of the total share capital of the Company).	80.00	80.00	80.00	80.00

SEGMENTWISE REVENUE, RESULTS AND					Statement of assets and liabilities
CAPITAL EMPLOYED UNDER CLAUSE 41									Rs.in lakhs
OF THE LISTING AGREEMENT						STANDALONE		CONSOLIDATED
		(Rs. in lakhs)			Particulars	Year ended 31.3.2010	Previous year ended 31.3.2009	Year ended 31.3.2010	Previous year    ended 31.3.2009
S.No	Particulars	Consolidated	Consolidated
		results	results			Audited	Audited	Audited	Audited
		31.3.2010	31.3.2009
		(Audited)	(Audited)
(1)	(2)	(3)	(4)
1	Revenue				Shareholders fund
					(a) Capital	1,896.76	948.38	1,896.76	948.38
	a. Automotive components	131,345.30	98,017.80		(b) Reserves & surplus	22,559.21	23,011.89	51,589.51	42,258.64
	b. Motor vehicles	457,008.99	372,193.00
	c. Computer peripherals	23,960.58	19,102.20		Minority Interest	-	-	30,229.62	32,329.31
	d. Financial Services	10,023.65	14,016.80
	e. Others	1,047.01	4,616.78		Loan funds	28,869.44	33,929.88	153,642.34	192,952.59
	Total	623,385.53	507,946.58		Deferred tax liability	2,034.69	1,993.42	7,419.81	11,064.83
	Less : Inter segment revenue	82,554.91	56,942.40		Foreign currency Monetary translation reserve	57.13	-	1,351.13	-
	Net Sales / Income from operations	540,830.62	451,004.18
2	Results				Total	55,417.23	59,883.57	246,129.17	279,553.75
	Profit before tax and interest				Fixed Assets	30,745.27	30,429.61	151,857.05	180,819.42
	a. Automotive components	3,802.18	2,662.65
	b. Motor vehicles	4,782.00	(2,368.78)		Investments	7,343.50	6,728.20	44,530.86	21,039.12
	c. Computer peripherals	(162.66)	(316.38)
	d. Financial Services	897.42	(1,976.58)		Foreign currency Monetary translation reserve	-	72.97	-	1,095.97
	e. Others	542.94	68.98
	Total	9,861.88	(1,930.11)		Current Assets, loans and advances
					(a) Inventories	11,901.60	12,501.07	47,632.58	50,812.84
	Less:				(b) Stock on Hire	-	-	-	4.31
	i)  Interest (Net)	14,793.94	15,128.94		(c) Sundry Debtors	7,280.91	8,667.69	34,256.98	13,871.62
	ii) Other unallocable expenditure	(6.77)	(9.78)		(d ) Cash and Bank balances	207.07	242.90	15,818.67	8,324.91
	net of unallocable income				(e) Other current assets	15.34	22.76	235.07	41.51
	iii) Extraordinary items (net of tax	-	(10.49)		(f) Loans and advances	5,138.18	6,519.56	41,894.30	79,129.52
	expense)				Less: Current liabilities and provisions
					(a) Liabilities	4,519.73	3,981.56	84,648.51	74,841.07
	Profit (+)/Loss (-) before tax	(4,925.29)	(17,038.78)		(b) Provisions	2,767.88	2,068.40	8,955.38	10,138.70
					Net Current Assets	17,255.49	21,904.02	46,233.71	67,204.94
3	Capital employed
	a. Automotive components	56,159.31	61,499.04		Miscellaneous expenditure
	b. Motor vehicles	173,989.00	163,911.00		(Not written off or adjusted)	72.97	748.77	3,507.55	9,394.30
	c. Computer peripherals	11,175.13	8,652.76
	d. Financial Services	3,728.45	31,477.86
	e. Others	9,542.13	7,287.56
	Total	254,594.02	272,828.22		Total	55,417.23	59,883.57	246,129.17	279,553.75
Notes:
1.	The operations of the Company relate to only one segment viz., automotive components.
2.	The Company has earlier submitted and published standalone unaudited financial results for the quarter / year ended 31st March 2010 in terms of clause 41 of the Listing
	Agreement.
3.	The board at its meeting held on 13th August 2010 declared a second interim dividend of Rs.1.25 per share (25%) absorbing a sum of Rs.4.74 crores for the year 2009-10 and this
	will be paid to the shareholders on or after 25th August 2010. The board earlier declared first interim dividend of Re.0.50 per share (10%) absorbing a sum of Rs. 1.90 crores
	for the year 2009-10 and the same was paid on 2nd February 2010. The total dividend including the second interim dividend for the year ended 31st March 2010 will aggregate
	to Rs.1.75 per share (35%) on 3,79,35,168 equity shares of Rs. 5/- each. The directors do not recommend any further dividend for the year 2009- 10.
4.	Status of investor complaints: No. of complaints received and disposed during the quarter ended 30th June 2010 - 2.  No. of complaints lying unresolved at the
	commencement and at the end of the quarter - NIL.
5.	Figures for the previous periods have been regrouped, wherever necessary, to conform to the current period's classification.
6.	The above financial results were reviewed and recommended by the audit committee at its meeting held earlier today and subsequently approved by the board at its meeting held
	today, 13th August 2010.The limited review of the unaudited financial results for the quarter ended 30th June 2010, have been carried out by the statutory auditors of the Company.
7.	The consolidated financial results prepared in accordance with the Accounting Standards 21 & 23 relate to the Company, its subsidiaries and associates.
8.	The Company acquired the entire equity capital consisting of Rs.5 lakhs of M/s.Sundaram Investment Limited (SIL), Chennai and thereby SIL became a wholly owned subsidiary
	(WoS) of the Company  effective 13th August 2010.
9.	The Company has invested a sum of Rs.4.50 crores in the equity capital of TVS Energy Limited (TVS Energy), a subsidiary of the Company. Both TVS Motor Company Limited,
	a  subsidiary of the Company and the Company hold the entire paid up capital of TVS  Energy amounting to Rs.42 crores.
10.	The board at its meeting held today viz., 13th August 2010,  approved a proposal to restructure the business activities for demerging non automotive related business of the
	Company into SIL and merger of its WoS TVS Investments Limited (TVSI) with SIL and merger of another WoS Anusha Investments Limited (AIL) with the Company.
						For and on behalf of the Board
Place: Chennai						-sd-
Date: 13th August 2010						Managing Director