Subros reported its highest ever Q3 revenue at Rs 947.68 Cr, up 15.43% year-on-year, with profit after tax growing 6.08% to Rs 34.84 Cr.
For the nine-month period, revenue rose 10.03% to Rs 2705.76 Cr, and PAT increased 11.41% to Rs 116.09 Cr.
The Passenger Vehicle (PV) segment's thermal business saw a robust 19% growth in Q3. The company is strategically focused on expanding into Green Mobility (EV, SHEV) and the Commercial Vehicle segment (Bus, rail, Truck). Recent wins include a Rs 1280 Cr (7-year lifecycle) contract for Electric Compressors for EV/SHEV and a Rs 52 Cr order from Indian Railways for HVAC maintenance.
Subros is also expanding its Karsanpura Plant for local Electric Compressor and FDC capacity, targeting a 2027-28 start of production.
Management emphasizes aligning growth with industry trends, cost optimization, and localization efforts.
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