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 Q3FY24 of ₹732.00 Crores up from ₹655.00 Crore year on year, a rise of 11.76%.
Total Expenses for Q3FY24 of ₹705.00 Crores up from ₹651.00 Crores year on year, a rise of 8.29%.
Consolidated Net Profit of ₹27.00 Crores up 237.5% from ₹8.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.12, up 224.41% from ₹1.27 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.