Subros Limited Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2018
August 09, 2018 at 04:53 am EDT
Share
Subros Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported revenue from operations of INR 5,316.9 million against INR 4,714.9 million a year ago. Total revenue was INR 5,358.0 million against INR 4,720.5 million a year ago. Profit before exceptional items and tax was INR 283.2 million against INR 143.9 million a year ago. Profit before tax was INR 249.8 million against INR 134.9 million a year ago. Profit for the period was INR 189.3 million or INR 3.15 basic and diluted per share against INR 105.2 million or INR 1.75 basic and diluted per share a year ago. EBIDTA was INR 611.0 million against INR 448.3 million 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.