By Priya Singh
3265 Views
Updated On: 30-Jan-2025 05:32 AM
At the Bharat Mobility Global Expo 2025, JBM Auto introduced the 'Galaxy,' an electric luxury coach with both seating and sleeping options.
Key Highlights:
JBM Auto Limited posted strong financial results for the third quarter of fiscal year 2025. The company reported a net profit of Rs. 52.42 crore for the quarter ending December 31, 2024, up from Rs. 48.63 crore in the same period last year.
Sales revenue, including other operating income, rose to Rs. 1,396.15 crore from Rs. 1,346.17 crore in the previous year's quarter. The company's EBITDA reached Rs. 192.83 crore, and earnings per share improved to Rs. 4.45.
Stock Split Approved
JBM Auto's shareholders have approved a stock split. Each existing equity share of Rs. 2.00 will be subdivided into two shares with a face value of Rs. 1.00 each.
Expansion in Electric Vehicles
The company made many advancements in its electric vehicle division during the quarter. It launched the Low Floor Electric Medical Mobile Unit, designed for healthcare services in rural and remote areas. This vehicle was showcased at the Parliament in New Delhi.
At the Bharat Mobility Global Expo 2025, JBM Auto introduced the 'Galaxy,' an electric luxury coach with both seating and sleeping options. The company also presented new electric bus models, reinforcing its commitment to sustainable transport.
Future Growth Outlook
JBM Auto reports a strong order book in its OEM and Tool Room divisions, indicating steady growth for the rest of fiscal year 2025. Its focus on innovation and expanding its electric vehicle lineup positions the company for continued success.
About JBM Group
JBM started its journey in 1983 by manufacturing cylinders. As technology advanced, the founder had a vision—just like Intel’s “Intel inside” for computers, he wanted every vehicle in India to have a JBM component inside it. Today, with JBM producing half a million auto components every day, this vision has become a reality.
The company’s growth began in 1987 with a collaboration with India's largest car manufacturer. Over the years, it has expanded into a $3.0 billion global company, operating in more than 10 countries. With a focus on growth and sustainability, JBM credits its success to the dedication of over 30,000 employees who work together for excellence.
Also Read: LeafyBus Launches India's First 360 KW Fast-Charging Infrastructure for Electric Buses
CMV360 Says
JBM Auto's growth in profit and revenue shows that the company is performing well. The decision to split shares makes it easier for more people to invest. Their focus on electric vehicles, especially the medical mobile unit, is a great step toward helping rural areas. Launching luxury electric buses in India also shows they are thinking about the future of transportation. With a strong order book, the company seems to be on a good path for further growth.
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