Subros Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
June 29, 2021 at 09:59 am
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Subros Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 6,619.9 million compared to INR 4,670.8 million a year ago. Net income was INR 262.4 million compared to INR 166.5 million a year ago. Basic earnings per share from continuing operations was INR 4.02 compared to INR 2.55 a year ago. For the full year, total revenue was INR 18,059.6 million compared to INR 20,131.5 million a year ago. Net income was INR 473.8 million compared to INR 848.5 million a year ago. Basic earnings per share from continuing operations was INR 7.26 compared to INR 13 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 
