India's JBM Auto gains on higher quarterly profit

Jbm Auto

27/10/2026 04:41

** Shares of India's JBM Auto JBMA.NS rise as much as 2.3% to 496 rupees; last up 1.3% 
** Automotive and EV firm reports September-quarter consolidated net profit increases 11.4% Y/Y to 586.4 million rupees ($6.16 million) from 526.3 million rupees a year earlier
** Adds that its consolidated revenue from operations rose 21.1% Y/Y to 16.56 billion rupees in the quarter 
** Stock down 21.7% YTD 

($1 = 95.1850 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))