Revenue for the quarter has been reported at ₹878 crore, an 8.5% increase compared to ₹810 crore in the year-ago period, which has been backed by improved volumes and higher realisations.
EBITDA has come in at ₹82 crore, a 6.2% enhancement from ₹77.2 crore in the same quarter last year.
However, the EBITDA margin saw a marginal dip, standing at 9.3%, down from 9.5% a year ago.
Subros serves different industries, including passenger vehicles, buses, trucks, refrigerated transport, off-road vehicles, railways, tractors, and residential air conditioning.
They have manufacturing facilities located across Noida, Manesar, Pune, Chennai, Nalagarh, and Karsanpura, and have a fully equipped R&D and application engineering centres in Noida. Subros is a key supplier to car manufacturer Suzuki.
