JBM Auto Posts Net Profit Of Rs 12.18 Cr In Q1

Auto components maker JBM Auto on Wednesday reported a consolidated net profit after tax of Rs 12.18 crore in the first quarter ended June 30. The company, which had posted a consolidated net loss after tax of Rs 25.87 crore in the same period last fiscal, said its board has approved raising of Rs 500 crore. Consolidated revenue from operations during the period under review stood at Rs 546.80 crore as against Rs 129.08 crore in the year-ago period, JBM Auto said in a regulatory. During the quarter, revenue from…

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