Jay Bharat Maruti has reported results for fourth quarter ended March 31, 2012.
The company has reported a fall of 7.74% in its net profit at Rs 11.08 crore for the quarter ended March 31, 2012 as compared to Rs 12.01 crore for the same quarter in the previous year. However, total income has increased by 7.66% at Rs 326.75 crore for quarter under review as compared to Rs 303.50 crore for the quarter ended March 31, 2011.
Jay Bharat Maruti (JBML), a public limited company, was incorporated in 1987 as a joint venture with Maruti Suzuki India Limited (MSIL). Keeping pace with the steep rise in demand and quality of passenger cars and the fierce competition from the entry of international auto majors in the country, JBM had to continually expand its manufacturing capacity and capability.
