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Subros Q1 Profit ₹41.38 crore; Signs Electric Compressor Localization Pact

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Sig3.55Sen+4.25Env0.00Soc0.00Gov0.00

Subros executed a Technical Assistance Agreement with DENSO and Toyota Industries to domesticate electric compressor production, while Q1 FY27 standalone net profit rose to ₹41.38 crore. Total income increased 17.47% YoY to ₹1,038.3 crore. The localization plan is supported by ₹265 crore capex at Karsanpura for 400,000-unit annual capacity, alongside a ₹1,280 crore Maruti Suzuki EV and hybrid supply award for seven years.

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