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JBM Auto reports 49% rise in Q4 consolidated net profit

15 May 2018 Evaluate

JBM Auto has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a fall of 4.31% in its net profit at Rs 7.55 crore for the quarter ended March 31, 2018, as compared to Rs 7.89 crore for the same quarter in the previous year. However, total income of the company increased by 0.23% at Rs 213.68 crore for the quarter under review as compared Rs 213.19 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 49.11% in its net profit at Rs 20.16 crore for the quarter ended March 31, 2018 as compared to Rs 13.52 crore for the corresponding quarter in the FY17. Total income of the company increased marginally by 2.60% at Rs 448.07 crore for quarter under review as compared to Rs 436.70 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted a fall of 19.27% in its net profit at Rs 32.10 crore as compared to Rs 39.76 crore for the same period in the previous year. Total income of the company decreased marginally 0.21% at Rs 799.77 crore for year under review as compared to Rs 801.47 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 7.80% in its net profit at Rs 70.47 crore as compared to Rs 65.37 crore for the same period in the previous year. However, total income of the company has decreased marginally by 0.61% at Rs 1,697.91 crore for year under review as compared to Rs 1,708.34 crore for the period ended March 31, 2017.


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