Hot Pursuit     16-Dec-21
Subros soars on bagging order from Indian Railways
Subros jumped 5.88% to Rs 396.05 after the company bagged an order from Indian Railways for supply of coach air-conditioners in a recently concluded tender.

The company is already a supplier of rail driver cabin air-conditioning system and with this business, the complete scope of air conditioning for rail driver cabin and coaches is complete.

This is in line with its strategic direction to expand business in railway electric mobility segment.

Subros is a manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso Corporation, Japan. The company is the only integrated manufacturing unit in India for auto air conditioning systems and thermal products. It caters to all segments viz. passenger vehicles, buses, trucks, refrigeration transport and railways.

The company's consolidated net profit declined 72.08% to Rs 4.95 crore despite a 15.58% rise in sales to Rs 529.48 crore in Q2 FY22 over Q2 FY21.

Previous News
  Subros standalone net profit declines 29.97% in the September 2016 quarter
 ( Results - Announcements 28-Oct-16   16:50 )
  Subros reports standalone net profit of Rs 10.52 crore in the June 2017 quarter
 ( Results - Announcements 11-Aug-17   16:20 )
  Subros announces board meeting date
 ( Corporate News - 24-Jul-24   09:32 )
  Subros receives reaffirmation in credit ratings from ICRA
 ( Corporate News - 01-Mar-21   15:05 )
  Subros net profit declines 14.74% in the September 2012 quarter
 ( Results - Announcements 10-Nov-12   09:42 )
  Subros net profit rises 21.51% in the March 2011 quarter
 ( Results - Announcements 02-May-11   09:57 )
  Subros provides operations update
 ( Corporate News - 12-May-20   11:42 )
  Subros schedules board meeting
 ( Corporate News - 22-Jun-21   09:37 )
  Subros provides business update
 ( Corporate News - 30-Oct-17   10:59 )
  Subros to hold board meeting
 ( Corporate News - 21-Jul-16   17:29 )
  Subros appoints alternate director
 ( Corporate News - 09-Nov-12   17:14 )
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