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 Q2FY24 of ₹813.00 Crores up from ₹695.00 Crore year on year, a rise of 16.98%.
Total Expenses for Q2FY24 of ₹775.00 Crores up from ₹685.00 Crores year on year, a rise of 13.14%.
Consolidated Net Profit of ₹27.00 Crores up 170.0% from ₹10.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.10, up 175.17% from ₹1.49 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.
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