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JBM Auto
Automotive and electric vehicle maker JBM Auto on Tuesday reported a 20 per cent annual growth in consolidated profit after tax at Rs 66 crore in January-March 2025 quarter. The company had posted a consolidated PAT (Profit After Tax) of Rs 54.90 crore in the last quarter of FY24. Net sales including other operating income during the quarter under review rose 10.75 per cent to Rs 1,645.70 crore from Rs 1,485.95 crore in Q4FY24, the company said in a statement. Earnings before interest, depreciation, tax and amortisation (EBIDTA stood at Rs 213.60 crore in the fourth quarter of previous fiscal as against Rs 177.18 crore in Q4FY24, registering an year-on-year growth of 20.56 per cent, JBM Auto said. For the full FY25 fiscal, PAT stood at Rs 273.19 crore as compared to Rs 246.10 crore in FY24 while the net sales, including other operating income was reported at Rs 5,472.33 crore, higher than Rs 5,009.35 crore in the year ago, the company said. JBM Auto saw a strong order book in OEM
JBM Auto Ltd's subsidiary JBM Ecolife Mobility on Wednesday announced securing an order worth Rs 5,500 crore for supply of 1,021 electric buses under the PM e-Bus Sewa Scheme-2. These buses, which are to be delivered over a period of 18 months, will be deployed across 19 cities in Gujarat, Maharashtra and Haryana, JBM Ecolife Mobility said. The deployment period will, however, be for 12 years, it said. "The total order valued at approximately Rs 5,500 crore reinforces its leadership in the electric mobility space and aligns with India's vision for a cleaner and more sustainable public transport ecosystem," it said. The company has already deployed around 2,000 such e-buses in India, Europe, the Middle East, and Africa. The company's order book now stands at over 11,000 electric buses in various stages of execution. "This order strengthens our commitment to providing world-class, sustainable, and technologically advanced public mobility solutions. With a strong focus on innovation
JBM Auto on Wednesday said its consolidated net profit increased 8 per cent to Rs 52 crore in the December quarter. The company had recorded a net profit of Rs 49 crore in the year-ago period, JBM Auto said in a statement. Sales, including other operating income, stood at Rs 1,396 crore in the third quarter of the current fiscal year, up 4 per cent compared to Rs 1,346 crore a year ago. The company said its board of directors in a meeting on October 28 last year, recommended the sub-division of existing equity share having a face value of Rs 2 each into equities with face value of Rs 1 each. This sub-division has been approved by the company's shareholders. Shares of the company on Wednesday ended 2.7 per cent up at Rs 1,401.05 apiece on the BSE.
Automotive and EV firm JBM Auto Ltd on Monday reported an 11.45 per cent growth in net profit to Rs 49.15 crore in the September quarter over the same quarter last year. The company had posted a net profit of Rs 44.10 crore in the July-September period of FY 24. Net sales, including other operating income for the second quarter stood at Rs 1,285.98 crore compared to Rs 1,231 crore in Q2FY24, a year-on-year increase of 4.47 per cent, the company said. EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 18.54 per cent at Rs 174.81 crore for the September quarter against Rs 147.47 crore in the corresponding quarter of Fy 24, JBM Auto said. The company said it delivered the highest ever Q2 sale in OEM business, adding that it also saw strong order book in OEM division and tool room division which will contribute in continuing the impetus growth of the company in FY25.