Leading automotive and electric vehicle company, JBM Auto Ltd (JBM) on Wednesday reported a consolidated net profit of ₹33.54 crore for the first quarter ended June 30, up 11 per cent year-on-year (y-o-y) as compared with ₹30.28 crore in the corresponding period last year.
Consolidated revenue of the company grew by 21 per cent y-o-y to ₹1,144.50 crore for the April-June period, as against ₹946.22 crore in the same quarter last year.
EBIDTA increased by 25.04 per cent at ₹149.15 crore compared to ₹119.28 crore in Q1FY24, the company said adding that earnings per share (EPS) for Q1FY25 stood at ₹2.82, compared to ₹2.56 in Q1FY24.
JBM also said that the company has a current order book of ₹45,000 crore, adding that the strong order book in original equipment manufacturer (OEM) division and Tool-Room division will contribute in continuing the impetus growth of the company in FY25.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.