Subros Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
June 29, 2020 at 05:34 am EDT
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Subros Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 4,670.800 million compared to INR 5,200.100 million a year ago. Net income was INR 166.500 million compared to INR 161.600 million a year ago. Basic earnings per share was INR 2.55 compared to INR 2.48 a year ago. For the full year, total revenue was INR 20,131.500 million compared to INR 21,347.800 million a year ago. Net income was INR 848.500 million compared to INR 762.400 million a year ago. Basic earnings per share was INR 13 compared to INR 12.37 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 
