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JBM Auto Q2FY21 net profit increases by 1.44%

By Niranjan Mudholkar,

Added 17 November 2020

Profit before Tax up by 2.30%

growth

Sales including other operating income stood at Rs 517.35 crore compared to Rs 484.09 crore last year, an increase of 6.87%.

JBM Auto Limited (BSE: 532605 & NSE Code: JBMA) has 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.
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