Net profit of JBM Auto rose 11.96% to Rs 49.53 crore in the quarter ended September 2024 as against Rs 44.24 crore during the previous quarter ended September 2023. Sales rose 4.47% to Rs 1285.98 crore in the quarter ended September 2024 as against Rs 1231.01 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1285.981231.01 4 OPM %12.3011.35 - PBDT108.37101.45 7 PBT64.9260.23 8 NP49.5344.24 12 Powered by Capital Market - Live News

JBM Auto will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live News

JBM Electric Vehicles, a subsidiary of JBM Auto, has incorporated a wholly owned subsidiary i.e. JBM Electric Vehicles International (UEN: 202435727D) in Singapore. The new company has been incorporated to carry on the business in automotive sector for electric vehicles internationally.Powered by Capital Market - Live News

JBM ECOLIFE Mobility, a subsidiary (JV) of JBM Auto, has successfully secured a $100 million strategic funding from the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB). This Funds will be infused towards supplying and operating electric buses under the Gross Cost Contract (GCC) model in multiple states pan India in phased manner. The announcement seamlessly aligns with the company`s mission towards taking the green public mobility revolution to the grassroot level in India. The strategic funding has been secured following comprehensive Environmental, Social and Governance (ESG) audits conducted by approved consultants, truly reflecting JBM`s commitment towards augmenting sustainable mobility across the globe and its focus towards circular economy. Powered by Capital Market - Live News

JBM Electric Vehicles, a subsidiary of JBM Auto, announced signing a strategic agreement with LeafyBus for supplying 200 ultra-modern electric luxury buses. This collaboration marks yet another step by the company towards fostering innovation in green public mobility and decarbonisation aligned with the company`s ESG and SDG goals.Powered by Capital Market - Live News