JBM Auto shows Green shoots

Gurugram: JBM Auto Limited, India’s leading automotive company (BSE: 532605 & NSE Code: JBMA), today announced its consolidated results for the quarter ended 30th Sept 2020 and have shown 1.44% increase in net profit to Rs.20.52 crore in Q2FY21 as compared to Rs.20.22 crore in Q2FY20. Sales including other operating income stood at Rs 517.35 crore compared to Rs 484.09 crore last year, an increase of 6.87%. The company recorded a profit before tax of Rs 31.51 crore in Q2FY20 as compared to Rs. 30.80 crore in the corresponding quarter last year, an increase of 2.30%. EBIDTA decreased by 0.79% at Rs. 64.21 crore compared to Rs.64.72 crore in Q2FY20. Earnings per share (EPS) stood at Rs 4.33, compared to Rs. 4.24 in Q2FY20.