Filter announcements
Loading...
Incorporated in 1983, JBM Auto Ltd is in automotive business that manufactures and sells sheet metal components, tools, dies & moulds, and buses including sale of spare parts, accessories and maintenance contract for Buses
JBM Auto clarified that increased share trading volumes are purely market-driven. The company confirmed it has disclosed all material information, assuring investors no undisclosed price-sensitive news exists.
JBM Auto reports strong Q1 with 15.96% net profit growth to Rs. 42.43 Cr and 15.04% revenue growth to Rs. 1,442.45 Cr. EV business revenue soared 116.67%. Secured Rs. 750 Cr investment for e-bus deployment and reduced long-term debt by Rs. 500 Cr. Signed order for 500 e-buses.
JBM Auto reported Q1 consolidated revenue of ₹1,442.45 Cr and net profit of ₹44.26 Cr. The board approved a proposal to raise up to ₹1,500 Cr via security issuance for future growth, pending shareholder approval.
JBM Electric Vehicles (subsidiary of JBM Auto) partnered with Drivn to supply 500 electric luxury buses. This MoU supports EV adoption via integrated leasing & financing, boosting JBM's order book and market reach for green public mobility.
JBM Electric Vehicles launched its new 'GALAXY' Electric Luxury Coach, India's first indigenous sleeper & seater model. This aims for higher operator revenue and passenger comfort. JBM EV maintains market leadership, holding a 10,000+ electric bus order book and having clocked 45 Cr e-kms.