JBM Auto Limited, a leading automotive and electric vehicle manufacturer, announced its consolidated results for the quarter ended December 31, 2024. The company reported a 7.80% year-on-year increase in net profit, reaching Rs. 52.42 crore in Q3 FY25 compared to Rs. 48.63 crore in Q3 FY24.
Sales, including other operating income, rose by 3.71% to Rs. 1,396.15 crore from Rs. 1,346.17 crore in the corresponding quarter of the previous year. The company’s profit before tax (PBT) stood at Rs. 72.75 crore, reflecting a 10.38% increase from Rs. 65.91 crore in Q3 FY24. EBITDA surged by 20.29% to Rs. 192.83 crore, up from Rs. 160.30 crore in the previous year. Earnings per share (EPS) for Q3 FY25 improved to Rs. 4.45, compared to Rs. 4.12 in Q3 FY24.
Financial Highlights (Rs. in Crore):
| Particulars | Q3FY25 (31.12.24) | Q3FY24 (31.12.23) | Year Ended (31.03.24) |
|---|---|---|---|
| Net Sales (incl. other operating income) | 1,396.15 | 1,346.17 | 5,009.35 |
| EBITDA | 192.83 | 160.30 | 604.23 |
| Profit Before Tax (PBT) | 72.75 | 65.91 | 246.10 |
| Profit After Tax (PAT) | 52.42 | 48.63 | 177.80 |
| Earnings Per Share | 4.45 | 4.12 | 15.12 |
Strategic Developments
The Board of Directors approved the sub-division of existing equity shares with a face value of Rs. 2.00 each into shares of Rs. 1.00 each, which was subsequently approved by the shareholders of JBM Auto Ltd.
Key Highlights:
- First-of-its-Kind Low Floor Electric Medical Mobile Unit (MMU): The company introduced a ‘Hospital on Wheels’ showcased at the Parliament in New Delhi. This innovative MMU is designed to enhance healthcare access in rural and remote regions.
- Launch of ‘Galaxy’ Electric Luxury Coach: JBM Auto unveiled its latest seater-cum-sleeper electric luxury coach, ‘Galaxy,’ at the Bharat Mobility Global Expo 2025, along with new electric bus variants.
- Robust Order Book: The company’s OEM and Tool Room Division have a strong order pipeline, which is expected to accelerate growth in FY25.
With a solid financial performance and new product launches, JBM Auto is poised for continued expansion in the electric vehicle segment while strengthening its position in the automotive industry.
