Subros Q3 net profit down 63 %

Subros reported a decline in standalone net profit for the quarter to Rs 2.07 crore.

Written by Agencies | New Delhi | Published: February 3, 2012 7:56 pm

Auto air-conditioner maker Subros today reported a 62.5 per cent decline in standalone net profit for the quarter ended December 31,2011,to Rs 2.07 crore.

The company had posted a net profit of Rs 5.52 crore for the third quarter last financial year,Subros said in a filing to the BSE.

The company’s standalone total income dipped by 7.17 per cent to Rs 254.11 crore during the third quarter from Rs 273.75 crore in the year-ago period,it added.

Shares of the company closed 0.2 per cent down at Rs 25.40 apiece on the BSE today.

For all the latest News Archive News, download Indian Express App

    Live Cricket Scores & Results