Latest news with #DensoCorporation
Business Standard
22-05-2025
- Automotive
- Business Standard
Subros Q4 PAT climbs 52% YoY of Rs 46 cr
Subros reported 51.82% surge in consolidated net profit of Rs 46.20 crore in Q4 FY25 as against Rs 30.43 crore posted in Q4 FY24. Revenue from operations jumped 9.25% year on year (YoY) to Rs 908.46 crore in the quarter ended 31 March 2025. Profit before tax soared 37.24% to Rs 61.83 crore in Q4 FY25, compared to Rs 45.05 crore in Q4 FY24. On a full-year basis, the company's consolidated net profit surged 54.21% to Rs 150.53 crore on a 9.67% increase in revenue from operations to Rs 3,367.57 crore in FY25 over FY24. Meanwhile, the companys board has recommended a dividend of Rs 2.60 per equity share for the year ended 31st March 2025, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Subros is a manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso Corporation, Japan. The company is the only integrated manufacturing unit in India for auto air conditioning systems and thermal products. It caters to all segments viz. passenger vehicles, buses, trucks, refrigeration transport, and railways. The counter rose 0.95% to end at Rs 710 on the BSE.
India.com
29-04-2025
- India.com
Meet man, the genius who created QR Code that is now used in UPI payments, his name is..., he is from...
Today, QR codes are everywhere — whether it's scanning a restaurant menu, making digital payments, boarding a plane, or verifying a product's authenticity. These small black-and-white squares have made accessing information and completing tasks faster and more convenient. While they may seem simple, the story behind their invention is truly remarkable. It all began with a brilliant engineer named Masahiro Hara. Masahiro Hara, a Japanese engineer, is the person who invented the QR code. His innovation has changed not just how businesses work but also how people interact with technology all around the world. Hara was born in Tokyo in 1957. As a child, he loved solving puzzles and was always curious about how things worked. He later studied at the Tokyo University of Science, one of Japan's top universities, where he sharpened his skills in engineering and technology. After finishing his education, Hara started working at Denso Corporation, a major manufacturer of car parts and a part of the Toyota Group. There, he worked on developing barcode scanning systems to make car manufacturing more efficient. However, traditional barcodes had their problems i.e. they could hold only a small amount of information and needed to be lined up just right for scanners to read them. Outside of his work, Hara is a family man. He is married and has children, although he prefers to keep his personal life private. Even today, he remains interested in how QR codes are being used in new ways, such as for cashless payments and fighting fake products. How the QR code was born Masahiro Hara realized there had to be a better way to store and scan more information than what traditional barcodes allowed. Barcodes could only hold limited data and had to be scanned in a specific direction. So, Hara set out to create something new. He got inspiration from a classic Japanese board game called 'Go,' which uses black and white pieces placed on a square grid. This gave him the idea for a two-dimensional code that could be scanned from any angle. After months of hard work with his team at Denso, Hara created the QR code in 1994. Unlike standard barcodes, QR codes could hold much more information — even letters and numbers — and could be scanned instantly from any direction. It was a breakthrough technology. Originally, QR codes were meant for tracking car parts in factories. But soon, people found many other ways to use them in shopping, hospitals, transport, movies, and more. What helped QR codes spread even faster was that Denso Wave, the company behind it, didn't charge anyone to use it. They chose not to patent the QR code, so developers and businesses around the world could use it for free and make their own versions. Even though it became one of the most widely used tools in the world, Hara and his team never made money from the invention as they simply wanted it to be useful for everyone.
