Auto components major JBM Auto Tuesday posted a 3.42 per cent increase in profit after tax (PAT) to Rs 24.46 crore for the fourth quarter of 2018-19.
The company had reported a net profit of Rs 23.65 crore for the corresponding period of 2017-18.
Net sales during the March quarter rose to Rs 482.50 crore, compared with Rs 447.45 crore in the year-ago period, JBM Auto said in a statement.
For the entire 2018-19, the company posted a PAT of Rs 90.50 crore as compared with Rs 81.16 crore in the previous year.
Net sales for the past financial year rose to Rs 1,786.43 crore, as compared with Rs 1,632.88 crore in 2017-18.
Shares of the company closed at Rs 267 per scrip on the BSE, up 4.26 per cent.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app