JBM Auto Ltd. FY 2016-17 Net Profit up by 25.77%, Sales including other operating income up by 17.95%
Author(s): City Air News• Q4 Net Profit up by 39.30 %, Sales up by 10.75% • Board recommends 40 % dividend for FY 2016-17 Mumbai, May 31, 2017: JBM Auto Ltd, India’s leading auto-ancillary company (BSE: 532605 & NSE Code: JBMA) has reported...
cityairnews
May 31, 2017 12:30
0
For the quarter ended 31stMarch
2017, JBM Auto Ltd. reported a profit of Rs. 13.47 crore compared to Rs 9.67 crore
in the same period last year. JBM Auto’s Q4 FY2017 sales including other
operating income stood at Rs. 467.47 crore compared to Rs. 422.11 crore in Q4
of FY2016, registering an year-on-year increase of 10.75%.
|
Particulars |
Quarter ended |
Year ended |
||
|
31.03.2017 |
31.03.2016 |
31.03.2017 |
31.03.2016 |
|
|
Net Sales (including other operating
income) |
467.47 cr |
422.11 cr |
1790.23 cr |
1517.76 cr |
|
EBIDTA |
51.88 cr |
50.63 cr |
213.21 cr |
196.54 cr |
|
Profit Before Tax (PBT) |
23.19 cr |
19.15 cr |
99.54 cr |
88.84 cr |
|
Profit After Tax (PAT) |
13.47 cr |
9.67 cr |
65.88 cr |
52.38 cr |
|
Earnings Per Share |
3.25 |
2.07 |
15.91 |
12.39 |
The earnings per share (EPS) for FY2017 stood at Rs. 15.91, compared to Rs. 12.39 in the same period last year. On the basis of strong financial performance, the board has recommended a dividend of 40 % (Rs. 2 per share) for the approval of the shareholders.
JBM’s in-house R&D, based in Delhi-NCR,
works in sync with its three international R&D centres in Italy, China and
UK. JBM Group is involved in the design of all vehicle segments right from
concept stage including packaging and engineering projects with Fiat, Escorts,
Volkswagen Group, Mercedes-Benz/Daimler, Kamaz, Ashok Leyland, Piaggio, Volvo and
other OEMs. At the top end of the spectrum, JBM’s engineering services to
Ferrari, Lamborghini and McLaren are able to provide higher margins and brand
equity.
JBM Auto Limited is the flagship company of the
US$1.35 bn JBM Group that has a diversified portfolio in the field of
automotive, bus manufacturing, engineering & design services and renewables,
with an infrastructure of 40 manufacturing plants and 4 engineering &
design centers across 18 locations globally. JBM's focus on quality-delivery,
frugal engineering, low time-to-market and art-to-part philosophy has provided
the group an indomitable position in the automotive industry.
