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JBM Auto's net profit rises 15.22% in Q3FY19

By Niranjan Mudholkar,

Added 13 February 2019

Profit before Tax up 16.02%, Sales up by 8.46%

The company recorded a profit before tax of Rs 30.99 crore in Q3FY19 as compared to Rs. 26.71 crore in the same quarter last year

JBM Auto Ltd, India's leading automotive company (BSE: 532605 & NSE Code: JBMA), today announced its consolidated results for the quarter ended 31st Dec 2018 and has shown 15.22% increase in net profit to Rs. 19.83 crore in Q3FY19 as compared to Rs. 17.21 crore in the same period last year. Sales including other operating income stood at Rs. 429.89 crore compared to Rs. 396.35 crore in Q3FY18, an increase of 8.46%.

The company recorded a profit before tax of Rs 30.99 crore in Q3FY19 as compared to Rs. 26.71 crore in the same quarter last year, an increase of 16.02%. EBIDTA increased by 10.77% at Rs. 55.62 crore compared to Rs. 50.21 crore in the corresponding period last year. Earnings per share (EPS) for Q3FY19 stood at Rs. 4.42, compared to Rs. 3.71 in Q3FY18.

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