Auto Parts & Equipment firm Subros declares Q4FY22 result:
- FY 21-22 Highlights
- PV Segment Thermal business growth is 24%
- Home Aircon growth is 43%
- Truck segment growth is 43%
- Bus Aircon growth is 44%
- Q4 Highlights
- Overall revenue higher by 24% in Q4 as compared to Q3
- SOP of 3 new Project in Q4
- Readiness of Chennai plant for SOP of PV Aircon
- Rail Coach AC business awarded (1st Business)
- Overall Revenue growth by 3% in Q4 FY 2021-22 from Q4 FY 2020-21. However EBIDTA is lowered by 24% and PBT is lower by 46% over the corresponding quarter of last year.
- The second wave of Covid-19 pandemic has created economic disruption throughout the country. The Company's operations has been adversely impacted due to the consequent lockdown due to which the operations were suspended for part of the year ended 31st Mar, 2021 & 31st Mar, 2022. Therefore, results for the year are not comparable with the previous year.