JBM Auto gains on reporting 43% rise in Q2 consolidated net profit
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JBM Auto is currently trading at Rs. 418.75, up by 2.40 points or 0.58% from its previous closing of Rs. 416.35 on the BSE.
The scrip opened at Rs. 426.00 and has touched a high and low of Rs. 426.00 and Rs. 413.75 respectively. So far 4004 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 675.98 on 24-Jan-2022 and a 52 week low of Rs. 246.48 on 08-Nov-2021.
Last one week high and low of the scrip stood at Rs. 426.00 and Rs. 405.80 respectively. The current market cap of the company is Rs. 4964.01 crore.
The promoters holding in the company stood at 67.53%, while Institutions and Non-Institutions held 1.24% and 31.23% respectively.
JBM Auto reported results for second quarter ended September 30, 2022.
The company has reported rise of 49.16% in its net profit at Rs 38.20 crore for Q2FY23 as compared to Rs 25.61 crore for the corresponding quarter previous year. Total income of the company increased by 34.15% to Rs 1,021.48 crore for the quarter under review as compared to Rs 761.47 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 43.32% in its net profit at Rs 36.26 crore for the quarter under review as compared to Rs 25.30 crore for the same quarter in the previous year. Total income of the company increased by 37.33% to Rs 1,039.98 crore for the quarter under review as compared to Rs 757.31 crore for the same quarter in the previous year.
