Q3FY17 Results : Subros

Bhagyashree Vivarekar / 31 Jan 2017

Q3FY17 Results : Subros

The company reported PAT of Rs 3.2 crore, which represents a sequential QoQ decline of 25.58 per cent and a YoY decline of 46.67 per cent.

Subros Ltd. reported its standalone results for the quarter ended December 31, 2016, during market hours today. 

The sales for Q3FY17 came in at Rs 372.9 crore, which represents a 14.75 per cent sequential decline and 13.45 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 20.9 crore and the EBIT margin stood at 5.6 per cent.

The company reported PAT of Rs 3.2 crore, which represents a sequential QoQ decline of 25.58 per cent and a YoY decline of 46.67 per cent.

Subros Ltd is an Indian company engaged in the manufacture of auto air conditioning systems. The company also manufactures compressors, condensers, heat exchangers and all the connecting elements that are required to complete the AC loop. The company operates in only one business segment,viz manufacturing of automotive air conditioning systems, its parts and components.