Archive · 30 Jul 2026

JBM Auto Q1 FY27 Profit Rises, Plans ₹1,500 Crore Securities Issue

JBM Auto Q1 FY27 Profit Rises, Plans ₹1,500 Crore Securities Issue

JBM Auto Limited, a car parts company, made more money in the first quarter of its 2026-27 financial year than it did last year.

It earned ₹44.26 crore after taxes, up from ₹39.04 crore.

The company also made more revenue, about ₹1,442 crore.

Its board wants to sell up to ₹1,500 crore worth of new shares or other securities to raise money, but shareholders will decide at a meeting in September.

The board also kept Nishant Arya as the chief executive for another three years.

The meeting will be held online on 16 September 2026.

Sources