Subros Q1 net profit at Rs 10.52 cr

Auto component maker Subros today reported a standalone net profit at Rs 10.52 crore for the first quarter ended June 30, on account of higher income.
The company had reported a net loss of Rs 1.39 crore during the same period of previous fiscal, Subros said in a BSE filing.
Revenue from operations during the quarter stood at Rs 472.05 crore as against Rs 366.92 crore in the year-ago period, up 28.65 per cent.
The stock closed 4.94 per cent down at Rs 228 on BSE.