Subros Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2017
August 10, 2017 at 06:14 am EDT
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Subros announced unaudited standalone earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported total revenues of INR 4,720.5 million compared with INR 3,669.2 million for the same period a year ago. Profit before exceptional items and tax was INR 143.9 million compared with INR 12.5 million for the same period a year ago. Profit from ordinary activities before tax was INR 134.9 million compared with loss of INR 25.5 million for the same period a year ago. Net profit was INR 105.2 million or INR 1.75 per basic and diluted share compared with INR 13.9 million or INR 0.23 per basic and diluted share for the same period a year ago.
Subros Limited is an India-based manufacturer of thermal products for automotive applications. The Company manufactures compressors, condensers, heat exchangers and all connecting elements required to complete air conditioning (AC) loop and caters to all segments, such as passenger vehicles, buses, trucks, refrigeration transport and railways. Its car AC and engine cooling parts products include blower, evaporator, cooling module, and hoses and tubes. Its railway AC products include roof mounted driver cab AC for diesel automotive, driver cab AC electric automotive and EMU cab AC. The Company's transport refrigeration system products include reefer SL 1400, reefer SL 3500, evaporator unit SL 3500, reefer SL 500 and compressor. It has a range of residential air conditioners, such as window AC and split AC system (inverter and fixed speed range) and supplies these products as original equipment manufacturer (OEM)/original design manufacturer (ODM) to various brands in the market.
SUBROS LIMITED 
