The company posted a net profit of ₹42.2 crore for the quarter ended June 30, compared with ₹36.8 crore a year earlier.
Revenue from operations increased 15% year-on-year to ₹1,443 crore from ₹1,254 crore.
The broadly similar growth in revenue and profit suggests the company continued to expand while maintaining profitability.
Margins improve
Operating performance strengthened during the quarter, with EBITDA rising 17.1% year-on-year to ₹163.4 crore from ₹139.5 crore.
The EBITDA margin improved to 11.33% from 11.13% a year ago.
Although the margin expansion was modest, it indicates the company generated slightly higher operating profit from every rupee of revenue despite continued investments in growth.
EV business remains a key growth engine
JBM Auto’s electric vehicle business reported revenue of ₹460.04 crore, up 16.67% from ₹394.31 crore in the corresponding quarter last year.
Its auto components business, which remains the company’s largest revenue contributor, posted revenue of ₹894.12 crore, an increase of 15.53% year-on-year from ₹773.91 crore.
The healthy growth across both businesses suggests JBM is benefiting from rising demand for electric mobility while continuing to expand its traditional automotive components business.
Expansion plans gather pace
During the quarter, JBM Ecolife Mobility Pvt. Ltd., a part of JBM Auto, secured a ₹750 crore strategic investment from Motilal Oswal to support the expansion of its electric bus deployment across India.
The company also signed an agreement with DRIVN, an electric commercial vehicle leasing platform, to supply 500 electric luxury buses.
The investment and fresh bus order strengthen JBM’s position in India’s rapidly expanding electric public transport market, where demand is being supported by government electrification initiatives and fleet operators transitioning away from diesel buses.
Debt reduced, leadership continuity maintained
JBM Auto said it reduced its long-term debt by around ₹500 crore during the quarter.
Lower debt is expected to reduce interest costs and strengthen the company’s balance sheet, providing greater financial flexibility for future expansion.
Separately, the board approved the reappointment of Nishant Arya as Vice Chairman and Managing Director.
It also approved the continuation of Praveen Kumar Tripathi as a Non-Executive Independent Director.
Shares of JBM Auto ended 0.43% lower at ₹673.10 on the National Stock Exchange on Thursday, declining ₹2.90 during the session.
