30th January 2025 | Gurugram
JBM Auto Limited (NSE: JBMA, BSE: 532605) has announced its unaudited financial results for the quarter ended December 31, 2024, demonstrating significant revenue growth and steady profitability across its business segments.
Key Financial Highlights (Standalone)
Quarter Ended December 31, 2024 (vs. Previous Quarters)
| Particulars | 31-Dec-24 | 30-Sep-24 | 31-Dec-23 |
|---|---|---|---|
| Revenue from Operations | ₹1,277.40 Cr | ₹1,099.64 Cr | ₹1,260.36 Cr |
| Total Income | ₹1,293.76 Cr | ₹1,118.43 Cr | ₹1,263.82 Cr |
| Total Expenses | ₹1,252.13 Cr | ₹1,079.64 Cr | ₹1,235.09 Cr |
| Profit Before Tax (PBT) | ₹41.63 Cr | ₹38.79 Cr | ₹28.73 Cr |
| Profit After Tax (PAT) | ₹30.19 Cr | ₹20.68 Cr | ₹9.58 Cr |
| Basic & Diluted EPS | ₹2.57 | ₹1.75 | ₹1.75 |
- Revenue increased 1.4% YoY and 16.1% QoQ, indicating continued business growth.
- The net profit has more than tripled YoY, showing strong operational efficiency.
- The company reported EPS of ₹2.57, reflecting a notable increase in earnings.
Segment-Wise Performance (Consolidated)
| Segment | Revenue (₹ Cr) | PBT (₹ Cr) |
|---|---|---|
| Component Division | ₹785.41 Cr | ₹57.75 Cr |
| Tool Room Division | ₹81.84 Cr | ₹16.73 Cr |
| OEM Division | ₹528.98 Cr | ₹59.24 Cr |
| Total (Excl. Inter-Segment Revenue) | ₹1,396.15 Cr | ₹72.75 Cr |
- Component and OEM segments led revenue growth, with the OEM division posting ₹528.98 Cr in revenue.
- Total assets stood at ₹5,472.82 Cr, up from ₹4,896.09 Cr a year ago.
- Total liabilities increased to ₹2,975.50 Cr, reflecting ongoing investments and expansion.
Corporate Announcements
- Stock Split Approval: The Board approved a stock split from ₹2 per share to ₹1 per share, with shareholder approval obtained via postal ballot.
- Expansion & JV Investments: The company consolidated operations across its seven subsidiaries and three joint ventures, reinforcing its market position.
- Debt & Financial Stability: No outstanding defaults on loans or debt securities were reported.
Management Commentary
Nishant Arya, Vice Chairman and Managing Director of JBM Auto, stated:"The results reflect our strong execution capabilities and sustained demand for our products. Our continued focus on innovation and expansion in the electric vehicle ecosystem and smart mobility solutions will drive further growth in the coming quarters."
Outlook & Market Positioning
JBM Auto remains bullish on its future growth, supported by:- Strong demand for electric and innovative mobility solutions.
- Increased investments in automation and technology across divisions.
- A solid order book in domestic and international markets.
Stock Market Reaction: Investors may respond positively to the profit growth and expansion strategies, reinforcing confidence in JBM Auto’s long-term value.
For further details, refer to the official financial disclosures.