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JBM Auto reports 13% fall in Q3 consolidated net profit

04 Feb 2020 Evaluate

JBM Auto has reported results for third quarter ended December 31, 2019.

The company has reported 2.58% rise in its net profit at Rs 12.32 crore for the quarter under review as compared to Rs 12.01 crore for the same quarter in the previous year. However, total income of the company decreased by 0.19% at Rs 244.76 crore for Q3FY20 as compared Rs 245.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 13.60% in its net profit attributed to the equity holders at Rs 15.57 crore for the quarter under review as compared to Rs 18.02 crore for the same quarter in the previous year. Total income of the company decreased by 11.28% at Rs 387.37 crore for Q3FY20 as compared Rs 436.64 crore for the corresponding quarter previous year.

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