JBM Auto (532605) Q2 24/25 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY25, with auditor review and unmodified opinion.

• Announced sub-division of equity shares from ₹2 to ₹1 face value, pending shareholder approval.

• Incorporated new subsidiaries for international electric vehicle business and electric bus operations.

Financial highlights

• Consolidated Q2 FY25 revenue from operations: ₹1,285.98 crore, up from ₹1,231.01 crore in Q2 FY24.

• Consolidated net profit for Q2 FY25: ₹49.53 crore, up from ₹44.10 crore in Q2 FY24.

• H1 FY25 consolidated revenue: ₹2,430.48 crore; net profit: ₹82.93 crore.

• Standalone Q2 FY25 revenue: ₹1,099.64 crore; net profit: ₹30.42 crore.

• Basic and diluted EPS (consolidated) for H1 FY25: ₹3.22.

Outlook and guidance

• Share split aims to enhance liquidity and broaden investor base; completion expected within 3 months post shareholder approval.