JBM Auto Q1 net profit soars 60 per cent

JBM Auto today reported a 60.15 per cent increase in its consolidated net profit at Rs 8.36 crore for the quarter ended June 30.

NEW DELHI: Auto component maker JBM Auto today reported a 60.15 per cent increase in its consolidated net profit at Rs 8.36 crore for the quarter ended June 30.

The company had posted a net profit of Rs 5.22 crore in the same quarter last year, JBM Auto said in a filing to the BSE.

The consolidated total income from operations during the first quarter also went up by 20.64 per cent to Rs 253.30 crore from Rs 209.96 crore in the year-ago period, it added.

Shares of JBM Auto today closed 6.72 per cent lower at Rs 59.65 apiece on the BSE.
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