JBM Auto, one of India’s leading automotive and electric vehicle company has announced its consolidated results for the Q3 FY2024.
The company reported revenue of Rs 1,346 crore, up 41 percent YoY and net profit of Rs 48.63 crore, up 46 percent, compared to Rs 33.17 crore a year ago.
During this Quarter, JBM Auto says it achieved its highest turnover and also highest turnover in OEM division at segment level of Rs 545 crore.
Operations of 30 e‐buses was inaugurated by the Prime Minister, Narendra Modi on October 31, in Gujarat.
It has a strong order book in OEM Division and Toolroom Division which it says will contribute in continuing the impetus growth of the company in FY2024.
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