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JBM Auto reports 21% fall in Q2 consolidated net profit

31 Oct 2019 Evaluate

JBM Auto has reported results for second quarter ended September 30, 2019.

The company has reported 38.24% fall in its net profit at Rs 7.77 crore for the quarter under review as compared to Rs 12.58 crore for the same quarter in the previous year. Total income of the company decreased by 18.10% at Rs 211.06 crore for Q2FY20 as compared Rs 257.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 20.60% in its net profit at Rs 18.42 crore for the quarter under review as compared to Rs 23.20 crore for the same quarter in the previous year. Total income of the company decreased by 14.66% at Rs 392.03 crore for Q2FY20 as compared Rs 459.40 crore for the corresponding quarter previous year.

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