JBM Auto has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 68.45% fall in its net profit at Rs 26.81 crore for the quarter under review as compared to Rs 84.98 crore for the same quarter in the previous year. Total income of the company decreased by 8.04% at Rs 975.54 crore for Q4FY23 as compared to Rs 1,060.79 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 66.90% fall in its net profit at Rs 28.41 crore for fourth quarter ended March 31, 2023 as compared to Rs 85.83 crore for the same quarter in the previous year. Total income of the company decreased by 5.98% at Rs 1,012.75 crore for Q4FY23 as compared to Rs 1,077.22 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 22.49% fall in its net profit at Rs 121.63 crore as compared to Rs 156.93 crore for the previous year. However, total income of the company increased by 18.63% at Rs 3,787.15 crore for year under review as compared to Rs 3,192.39 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 19.98% fall in its net profit at Rs 125.14 crore as compared to Rs 156.38 crore for the previous year. However, total income of the company increased by 20.86% at Rs 3,884.39 crore for year under review as compared to Rs 3,214.04 crore for year ended March 31, 2022.
