FY 2018-19 Net Profit up by 16.10%,
Sales including other operating income up by 9.40%
Mumbai, 28th May 2019: JBM Auto Ltd, India’s leading automotive company (BSE: 532605 & NSE Code: JBMA) today announced its consolidated results for the quarter ended 31stMarch 2019. The company has reported a profit of Rs. 22.24 crore compared to Rs. 20.26 crore in the same period last year, registering an increase of 9.77%. Sales including other operating income stood at Rs. 482.50 crore compared to Rs. 447.45 crore in Q4 of FY2018, an increase of 7.83%. EBIDTA increased by 6.09% at Rs. 62.55 crores compared to Rs. 58.96 crore in the corresponding period last Qtr.
For FY18-19, the company reported 16.10 % jump in its net profit to Rs. 81.86 crore compared to a net profit of Rs. 70.51 crore reported for the financial year 2017-18. Net Sales recorded were Rs. 1786.43 crore as compared to Rs 1632.88 crore in the same period. The earnings per share (EPS) for FY2019 stood at Rs. 20.17, compared to Rs. 17.27 in the previous financial year.
Particulars
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Quarter ended
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Year ended
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31.03.2019
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31.03.2018
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31.03.2019
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31.03.2018
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Net Sales (including other operating income)
|
482.50 cr
|
447.45 cr
|
1786.43 cr
|
1632.88 cr
|
EBIDTA
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62.55 cr
|
58.96 cr
|
233.91 cr
|
214.58 cr
|
Profit Before Tax (PBT)
|
38.06 cr
|
36.61 cr
|
139.85 cr
|
123.87 cr
|
Profit After Tax (PAT)
|
24.46 cr
|
23.65 cr
|
90.50 cr
|
81.16 cr
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Profit After Tax (Owner share)
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22.24 cr
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20.26 cr
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81.86 cr
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70.51 cr
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Earnings Per Share(in Rs)
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5.60
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4.94
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20.17
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17.27
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About JBM Auto Ltd.
JBM Auto Limited is the flagship company of the US$2.20 bln JBM Group. JBM Group has a diversified portfolio in the field of automotive, buses & electric vehicles, EV charging Infra, engineering & design services and renewables, with an infrastructure of 60 manufacturing plants and 5 engineering & design centres in over 10 countries. JBM's focus on quality-delivery, frugal engineering, low time-to-market and art-to-part philosophy has provided the group with an indomitable position in the automotive industry. JBM Auto is engaged in the manufacturing of key auto systems such as chassis & suspension systems, exhaust systems, welded assemblies, tools & dies, etc. The company’s manufacturing facilities and tool rooms are strategically located in close proximity of leading automobile hubs of India at Faridabad, Greater Noida, Nasik, Chennai, Sanand, Pune and Indore. The company products are widely used in cars, two-wheelers, tractors and trucks and other sectors in India and overseas. The company also manufactures high-end city buses and electric vehicles at its manufacturing plants in Faridabad and Kosi. For further info, please visit www.jbmbuses.comand www.jbmgroup.com.
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