Subros Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Audited Consolidated Earnings Results for the Year Ended March 31, 2018
May 28, 2018 at 05:22 am EDT
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Subros Limited reported audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the year ended March 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 5,521.5 million compared to INR 4,692.2 million a year ago. Profit before exceptional items and tax was INR 276.3 million compared to INR 142.2 million a year ago. Profit before tax was INR 276.3 million compared to INR 74.7 million a year ago. Profit for the period was INR 185.9 million or INR 3.10 per basic and diluted share compared to INR 90.6 million or INR 1.51 per basic and diluted share a year ago.
For the year, on standalone basis, the company reported revenue from operations of INR 19,695.6 million compared to INR 17,412.0 million a year ago. Profit before exceptional items and tax was INR 842.0 million compared to INR 392.1 million a year ago. Profit before tax was INR 823.8 million compared to INR 81.8 million a year ago. Profit for the period was INR 606.2 million or INR 10.11 per basic and diluted share compared to INR 133.3 million or INR 2.22 per basic and diluted share a year ago.
For the year, on consolidated basis, the company reported revenue from operations of INR 19,695.6 million compared to INR 17,412.1 million a year ago. Profit before exceptional items and tax was INR 841.4 million compared to INR 391.1 million a year ago. Profit before tax was INR 823.2 million compared to INR 80.8 million a year ago. Profit for the period was INR 605.6 million or INR 10.09 per basic and diluted share compared to INR 131.8 million or INR 2.20 per basic and diluted share 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 Reports Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Audited Consolidated Earnings Results for the Year Ended March 31, 2018