JBM Auto Q2 net profit up 12.46 pc at Rs 58.76 cr

New Delhi, Oct 26 (PTI) JBM Auto Ltd on Monday reported a 12.46 per cent increase in net profit to Rs 58.76 crore for the second quarter ended September, driven by revenue growth in the auto components and electric vehicle (EV) segments.

The company had reported a net profit of Rs 52.25 crore in the July-September period of the preceding financial year, it said in a statement.

The auto components maker’s revenues, including other operating income, stood at Rs 1,656.37 crore, up 21.06 per cent from Rs 1,368.24 crore in Q2 FY26.

“Our strong Q2 performance reflects healthy growth in both revenues and net profit. The EV business achieved its highest number of electric bus deliveries at 578 buses in a quarter, taking the JBM e-bus fleet on roads past

the 4,000 mark, well retaining our market leadership. We also expanded our Mobility Business presence to more than 50 depots across India. Also, the auto components business continued its sustained growth,” said Nishant Arya, Vice Chairman and Managing Director, JBM Auto Ltd.

The auto components business demonstrated sustained revenue growth at Rs 1,036.97 crore in Q2 FY27, up 24.68 per cent from Rs 831.69 crore in the corresponding quarter of the previous financial year.

The company’s EV business registered a 21.84 per cent increase in revenue to Rs 548.33 crore, compared to Rs 450 crore in the year-ago period. PTI RSN SHM