JBM Auto Limited closed the 2026 fiscal year, reporting a 13.60% year-on-year increase in net profit for the fourth quarter. The company’s latest financial disclosure reveals an upward trajectory, driven by strong performances across its diverse business divisions and an increasingly commanding presence in the electric vehicle (EV) sector.
For the quarter ended March 31, 2026, JBM Auto posted a net profit of Rs 74.98 crore, up from Rs 66.00 crore in the same period last year. This bottom-line growth was supported by a 12.55% rise in total sales, which reached Rs 1,852.27 crore.
JBM Auto’s first move toward green mobility is yielding substantial market share. The company now controls a staggering 79% of the electric tarmac bus market (specialized shuttle buses used at airports) and more than 50% of the intercity electric luxury coach segment.
This dominance is being bolstered by aggressive government procurement. During the quarter, 200 JBM electric buses were flagged off by Prime Minister Narendra Modi for service in Guwahati, Nagpur, and Bhavnagar under the PM e-Bus Sewa Scheme.