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Tata Motors, the leading heavy truck maker and a client of Subros, currently has 25% AC penetration.
This will reach 100% once the mandate is implemented, benefitting the company, Subros said in the investor presentation.
In the quarter ended September, the company’s revenue rose 17% year-on-year to Rs 813 crore, its highest ever.
Of this Rs 813 crore, Rs 42 crore came from the truck segment.
It expects the sales in the category to grow 2 times in the next 2-3 years.
The company recorded 11% growth for AC or blower applications in commercial vehicles in Q2, compared to the same period last year, at par with industry growth.
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