Subros Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
February 06, 2019 at 04:58 am EST
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Subros Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, total revenue was INR 5,091.4 million against INR 4,531.3 million a year ago. Profit for the period was INR 171.9 million or INR 2.80 per basic share (not annualized) against INR 164.3 million or INR 2.74 per basic share (not annualized) a year ago.
For the nine months, total revenue was INR 16,147.3 million against INR 14,252.5 million a year ago. Profit for the period was INR 599.3 million or INR 9.91 per basic share (not annualized) against INR 420.3 million or INR 7.01 per basic share (not annualized) 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 
