Q2 results: JBM Auto reports 11.45% year on year increase in net profit

Sales including other operating income stood at Rs 1,285.98 crore compared to Rs 1,231.01 crore in Q2FY24, an increase of 4.47%.

By Autocar Professional Bureau

28 Oct 2024

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Q2 results: JBM Auto reports 11.45% year on year increase in net profit

JBM Auto today announced its consolidated results for the quarter ended September 30, 2024 and has shown an 11.45% increase in net profit to Rs 49.15 crore in Q2FY25 as compared to Rs 44.10 crore in Q2FY24.

Sales including other operating income stood at Rs 1,285.98 crore compared to Rs 1,231.01 crore in Q2FY24, an increase of 4.47%. The company recorded a profit before tax of Rs 64.92 crore in Q2FY25 as compared to Rs 60.23 crore during the second quarter in the previous year, an increase of 7.79%.

EBIDTA increased by 18.54% at Rs 174.81 crore compared to Rs 147.47 crore in Q2FY24. Earnings per share (EPS) for Q2FY25 stood at Rs 4.19, compared to Rs 3.74 in Q2FY24.