Archive · 21 Aug 2026
JBM Auto Shares Jump Nearly 10% After Strong Q1 Results
JBM Auto's shares went up by almost 10%.
The rise followed a report that led India's stock exchanges to ask the company for clarification.
JBM Auto has not yet answered those questions.
The company also reported stronger results for the first quarter of FY27.
Its profit increased to Rs 42.43 crore.
Its revenue and EBITDA also grew compared with the same period last year.
The electric-vehicle business grew during the quarter.
The auto-components business also reported higher revenue.
JBM Auto shares rose nearly 10% after a report prompted BSE and NSE to seek clarification.
The company has not yet responded to the exchanges regarding the report.
Consolidated net profit increased 15.96% year on year to Rs 42.43 crore in Q1 FY27.
Revenue rose 15.04% to Rs 1,442.45 crore, while EBITDA increased 8.48% to Rs 194.88 crore.
Electric-vehicle revenue grew 16.67% and auto-components revenue rose 15.53% during the quarter.
- Who
- JBM Auto, along with the Bombay Stock Exchange and National Stock Exchange of India.
- What
- JBM Auto shares jumped nearly 10% as the company reported Q1 FY27 growth and faced exchange requests for clarification regarding a report.
- When
- During the report's coverage of Q1 FY27, the quarter ended in June.
- Where
- On the BSE and NSE markets.
- Why
- The reported rise was associated with a report and JBM Auto's stronger quarterly results, although the company has not yet clarified the report to the exchanges.
- Q1 FY27 net profit
- Rs 42.43 crore, up 15.96% year on year
- Q1 FY27 revenue
- Rs 1,442.45 crore, up 15.04% year on year
- Q1 FY27 EBITDA
- Rs 194.88 crore, up 8.48% year on year
- Earnings per share
- Rs 1.78, compared with Rs 1.56 a year earlier
- EV business revenue
- Rs 460.04 crore, up 16.67% year on year
- Auto-components revenue
- Rs 894.12 crore, up 15.53% year on year
- Exchange clarification
- BSE and NSE sought clarification from JBM Auto; the company had not responded at the time of the report