JBM Auto (532605) Q2 25/26 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY2025-26, reviewed by the Audit Committee and auditors with an unmodified opinion.

• Results include performance from the parent, ten subsidiaries, three joint ventures, and new international expansion in electric vehicles.

Financial highlights

• Consolidated revenue from operations for Q2 FY26 was ₹1,368.24 crore, up from ₹1,253.88 crore in Q1 FY26 and ₹1,285.98 crore in Q2 FY25.

• Consolidated net profit for Q2 FY26 was ₹55.22 crore, up from ₹39.04 crore in Q1 FY26 and ₹52.61 crore in Q2 FY25.

• H1 FY26 consolidated revenue reached ₹2,622.12 crore, up from ₹2,430.48 crore in H1 FY25.

• H1 FY26 consolidated net profit was ₹94.26 crore, compared to ₹86.15 crore in H1 FY25.

• Basic and diluted EPS for H1 FY26 stood at ₹3.78, up from ₹3.51 in H1 FY25.

Outlook and guidance

• Expansion into international electric vehicle markets with the incorporation of JBM Electric Vehicles Europe B.V. in the Netherlands.