Subros Limited Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Full Year Ended March 31, 2015
May 14, 2015 at 09:07 am EDT
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Subros Limited reported unaudited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the full year ended March 31, 2015. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 3,053.8 million against INR 3,239.7 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 190.2 million against INR 243.5 million for the same period of previous year. Profit from ordinary activities before tax was INR 82.0 million against INR 141.4 million for the same period of previous year. Net profit was INR 74.4 million or INR 1.24 per basic and diluted share compared to INR 125.0 million or INR 2.09 per basic and diluted share for the same period of previous year.
For the full year, on standalone basis, the company reported net sales/income from operations of INR 11,926.0 million against INR 11,633.7 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 580.8 million against INR 541.8 million for the same period of previous year. Profit from ordinary activities before tax was INR 204.0 million against INR 192.5 million for the same period of previous year. Net profit was INR 203.2 million or INR 3.39 per basic and diluted share compared to INR 202.6 million or INR 3.38 per basic and diluted share for the same period of previous year.
For the full year, on consolidated basis, the company reported net sales/income from operations of INR 11,936.1 million against INR 11,684.9 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 577.7 million against INR 547.1 million for the same period of previous year. Profit from ordinary activities before tax was INR 200.9 million against INR 197.7 million for the same period of previous year. Net profit was INR 200.1 million or INR 3.34 per basic and diluted share compared to INR 207.9 million or INR 3.47 per basic and diluted share for the same period of previous year.
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 Unaudited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Full Year Ended March 31, 2015
SUBROS LIMITED 