Auto air-conditioner maker Subros today reported a 62.5 per cent decline in standalone net profit for the quarter ended December 31,2011,to Rs 2.07 crore.
The company had posted a net profit of Rs 5.52 crore for the third quarter last financial year,Subros said in a filing to the BSE.
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The company’s standalone total income dipped by 7.17 per cent to Rs 254.11 crore during the third quarter from Rs 273.75 crore in the year-ago period,it added.
Shares of the company closed 0.2 per cent down at Rs 25.40 apiece on the BSE today.
