JBM Auto Reports Strong Q3 Performance with 7.80% YoY Increase in Net Profit

Gurugram, January 29, 2025 – JBM Auto Limited, India’s leading automotive and electric vehicle company (BSE: 532605 & NSE Code: JBMA), has announced its consolidated financial results for the quarter ending December 31, 2024. The company recorded a 7.80% increase in net profit, reaching Rs. 52.42 crore in Q3FY25, compared to Rs. 48.63 crore in Q3FY24.

Financial Performance

JBM Auto reported sales, including other operating income, of Rs. 1,396.15 crore in Q3FY25, marking a 3.71% increase from Rs. 1,346.17 crore in Q3FY24. The company’s profit before tax stood at Rs. 72.75 crore, reflecting a 10.38% growth from Rs. 65.91 crore in the corresponding quarter of the previous fiscal year.

Earnings Before Interest, Depreciation, Taxes, and Amortization (EBIDTA) surged by 20.29%, reaching Rs. 192.83 crore in Q3FY25 compared to Rs. 160.30 crore in Q3FY24. Additionally, Earnings Per Share (EPS) rose to Rs. 4.45 from Rs. 4.12 in Q3FY24, highlighting continued financial strength and profitability.

Key Financial Highlights (Rs. in Crore)

Particulars	Q3FY25 (31.12.24)	Q3FY24 (31.12.23)	FY24 (31.03.24)
Net Sales (including other operating income)	1,396.15	1,346.17	5,009.35
EBIDTA	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 (EPS)	4.45	4.12	15.12

*Attributable to owners of the company

Corporate Actions

The Board of Directors, in a meeting held on October 28, 2024, approved the sub-division of existing equity shares with a face value of Rs. 2.00 each into equity shares with a face value of Rs. 1.00 each. This sub-division has been duly approved by JBM Auto Ltd. shareholders.

Strategic Developments & Innovations

JBM Auto continues to drive innovation and strengthen its position in the electric mobility segment. Key developments include:

• Introduction of the First Low-Floor Electric Medical Mobile Unit (MMU): This “hospital on wheels” was showcased at the Parliament in New Delhi and is designed to improve healthcare accessibility in rural and remote areas.
• Launch of the ‘Galaxy’ Electric Luxury Coach: This seater-cum-sleeper electric coach was unveiled at the Bharat Mobility Global Expo 2025 alongside other new electric bus variants.
• Strong Order Book in OEM and Tool Room Division: The company’s growing order book in these segments is expected to drive significant growth in FY25.

Conclusion

JBM Auto remains committed to enhancing its electric vehicle portfolio and expanding its footprint in the mobility solutions industry. With a strong financial performance and promising growth prospects, the company is poised to achieve further milestones in the coming fiscal year.

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