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

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

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

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

JBM Ecolife Mobility, a subsidiary (JV) of JBM Auto, is India's leading electric bus mobility and EV ecosystem player. The company is currently operating 1200 buses across multiple cities across multiple states including Mumbai, Delhi, Ahmedabad, Surat, Bhubaneswar, Cuttack and many others. The 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. This 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. Currently, JBM has deployed over 1,500 electric buses across 10 states and 15 and more major airports in India. The company boasts of a robust orderbook of over 6500 electric buses deployed and under execution. Notably, JBM has set up the world's largest (outside China) dedicated integrated electric bus manufacturing facility, located in Delhi-NCR region, with an annual production capacity of 20,000 electric buses. Nishant Arya, Vice Chairman & MD, JBM Group, 'We are grateful to ADB and AIIB for their continued support in advancing sustainable public transportation across India, over the years, we have been relentlessly working towards introducing zero-emission technologies that underscore our vision of promoting sustainable development which contributes to the responsible growth of the organization and all its stakeholders. We have been pioneers in bringing electric mobility solutions in India and have consciously developed a complete EV ecosystem that accelerates the deployment of EVs across multiple geographies.' 'Going ahead we continue to stand by our commitment towards playing a significant role in achieving India's Net Zero 2070 target. Our electric buses will continue to lead India's e-mobility momentum towards taking clean public mobility solutions to the grassroot level', Arya further added. ADB director general for private sector operations department, Suzanne Gaboury said, 'Supporting electric buses is an investment not only in sustainable transport, but also in public health through cleaner air and in climate acƟon through lower emissions. By promoting e-mobility, ADB is helping communities reduce their carbon footprint, improve public transport, and build eco-friendly urban infrastructure. ADB's partnership with the JBM Group will help build clean, safe, and inclusive public transport in India.' Najeeb Haider, director general, global project and corporate finance at AIIB said, 'This association focusses at accelerating the adoption of clean energy public mobility solutions directed towards enhancing the quality of life in urban & semi urban cities. We aim to set a precedent for the future green infrastructure projects in India, this one being a transformative project that will drive sustainable and resilient development'. JBM Auto is engaged in the automotive business that manufactures and sell sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of buses. The JBM Group Company's consolidated net profit jumped 10.7% to Rs 33.40 crore in Q1 FY25 as against Rs 13.80 crore in Q1 FY24. Revenue from operations jumped 21% year on year (YoY) to Rs 1,144.50 crore in the quarter ended 30 June 2024. Shares of JBM Auto fell 0.27% to currently trade at Rs 2,019.10 on the BSE. Powered by Capital Market - Live

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

The said collaboration marks yet another step by the company towards fostering innovation in green public mobility and decarbonisation aligned with the company's Environmental, Social and Governance (ESG) and Sustainable Development Goals (SDG) goals. The company will deliver 200 electric buses comprising of 150 high-end electric luxury intercity coaches and 50 e-buses tailored for staff and tourist applications. These zero emission electric buses will offer passengers unparalleled standards of luxury, safety and comfort with plush interiors and premium amenities to offer a luxurious travel experience. The company will deliver these buses within next 24 months. Nishant Arya, vice chairman, JBM Group said, 'This association is a testament to JBM's commitment to fostering sustainable development and zero emission technologies. Our electric buses are designed to offer not only superior performance, safety and reliability but also a cleaner, greener alternative for intercity travel. This agreement aligns perfectly with our vision to lead the transiƟon to electric mobility in India.' 'We have undertaken rigorous trials of our buses across multiple geographies across the globe. These test drives have highlighted the adaptability of JBM e-buses to varying road conditions, climates and operational patterns. The success of these test trials has established JBM Electric buses as a viable solution for public transportation worldwide'. Rohan, founder, LeafyBus, said, 'Our collaboration with JBM represents a critical step toward transforming India's transportation landscape. With 200 new electric buses joining our fleet, we are confident that LeafyBus will lead the charge towards a sustainable and luxurious travel experience. We are dedicated to providing eco-conscious travellers with a premium alternative that reduces carbon emissions and embraces clean energy solutions. JBM Auto is engaged in the automotive business that manufactures and sell sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of buses. The JBM Group company's consolidated net profit jumped 10.7% to Rs 33.40 crore in Q1 FY25 as against Rs 13.80 crore in Q1 FY24. Revenue from operations jumped 21% year on year (YoY) to Rs 1,144.50 crore in the quarter ended 30 June 2024.Powered by Capital Market - Live

JBM Auto has fixed 05 September 2024 as record date for the purpose of determining the members eligible to receive final dividend for the FY24, if approved. Powered by Capital Market - Live

Net profit of JBM Auto rose 10.67% to Rs 33.40 crore in the quarter ended June 2024 as against Rs 30.18 crore during the previous quarter ended June 2023. Sales rose 20.95% to Rs 1144.50 crore in the quarter ended June 2024 as against Rs 946.22 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1144.50946.22 21 OPM %11.3812.01 - PBDT87.7078.22 12 PBT45.0338.34 17 NP33.4030.18 11 Powered by Capital Market - Live