Subros Limited was incorporated in 1985 as a joint venture public limited company with Suri family of India (36.79% ownership), Denso Corporation, Japan (20% ownership) & Suzuki Motor Corporation, Japan (11.96% ownership). It is engaged in the business of manufacturing and supplying Auto Air Conditioning products for all major Automakers in Passenger and Commercial Vehicle Space. It has a technical collaboration with Denso Corporation
Financial Results:
Subros Ltd reported Revenues for Q1FY24 of ₹693.00 Crores down from ₹709.00 Crore year on year, a fall of 2.26%.
Total Expenses for Q1FY24 of ₹675.00 Crores down from ₹693.00 Crores year on year, a fall of 2.6%.
Consolidated Net Profit of ₹14.00 Crores up 16.67% from ₹12.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.08, up 16.20% from ₹1.79 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.