New Delhi: Subros Ltd, an auto component manufacturer, reported a marginal 1.8 per cent rise in consolidated net profit at Rs 41.52 crore for the quarter ended June 2026, helped by higher revenue.
The company had posted a consolidated net profit of Rs 40.83 crore in the year-ago period, according to its unaudited financial results approved by the board on August 7.
Consolidated revenue from operations rose to Rs 1,032.11 crore in the first quarter of the current fiscal from Rs 878.25 crore in the corresponding period a year ago, an increase of about 17.5 per cent.
Total consolidated income increased to Rs 1,038.30 crore during the quarter from Rs 883.94 crore a year earlier. Profit before tax stood at Rs 55.73 crore in the June 2026 quarter compared with Rs 54.61 crore in the year-ago period. Earnings per share rose to Rs 6.36 from Rs 6.26.
On a standalone basis, Subros reported a net profit of Rs 41.38 crore for the quarter, against Rs 40.66 crore in the same period last year. Revenue from operations increased to Rs 1,032.11 crore from Rs 878.25 crore.
The company’s operations comprise a single segment, thermal products, the filing said. The consolidated results include Subros Ltd and its joint venture Denso Subros Thermal Engineering Centre India Pvt Ltd.
Separately, Subros said it has executed a Technical Assistance Agreement with DENSO Corporation, Japan, and Toyota Industries Corporation, Japan, for localisation of electric compressors at its Karsanpura manufacturing facility in Gujarat. The agreement covers manufacture of electric compressors for electric and hybrid vehicles in India.
The company said the localisation of electric compressors is a strategic milestone aimed at catering to the electric mobility segment and is expected to contribute positively to its future revenues.
Subros also announced a change in its board nomination. Tomoaki Yoshimori resigned as nominee director following a change in nomination by DENSO Corporation, while Akihiro Deguchi was appointed as the new nominee director, subject to shareholders’ approval at the ensuing annual general meeting.
