• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Nov. 3

Automotive air-conditioner manufacturer Subros Ltd has reported a 93 per cent increase in net profit at Rs 7.8 crore for the quarter ended September 30, compared to Rs 4.05 crore in the year-ago period, primarily due to reduced material cost. The net sales rose 27 per cent to Rs 165.83 crore during the quarter as against Rs 130.82 crore in the corresponding period last year, the company release said.

The continued focus on strengthening the indigenisation strategies to reduce material cost had resulted in higher net profit during the quarter, the Managing Director, Mr Ramesh Suri, said. Net profit for the half-year ended September stood at Rs 13.75 crore as against Rs 8.62 crore, registering an increase of 60 per cent, it said.

More Stories on : Air-conditioners & Refrigerators

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Sadbhav Engg Q2 net at Rs 2.6 cr

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line