The Board of Director of JBM Auto Limited announced that at the board meeting held on September 04, 2017, the appointment of Mrs. Pravin Tripathi as additional director under the category of Woman and Independent Directors with immediate effect.

The company announced unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, on standalone basis, the company has posted revenue from operations of INR 1,737.5 million against INR 2,002.2 million a year ago. Profit before exceptional item, share of profit of joint ventures and tax was INR 61.2 million against INR 38.7 million a year ago. Profit before tax was INR 61.2 million against INR 149.2 million a year ago. Profit for the period after tax was INR 52.3 million or INR 1.28 basic and diluted per share against INR 135.6 million or INR 3.32 basic and diluted per share a year ago.

For the quarter, on consolidated basis, the company has posted revenue from operations of INR 4,306.2 million against INR 4,052.1 million a year ago. Profit before exceptional item, share of profit of joint ventures and tax was INR 244.1 million against INR 184.4 million a year ago. Profit before tax was INR 279.9 million against INR 225.8 million a year ago. Profit for the period after tax was INR 194.5 million against INR 185.1 million a year ago. Profit for the period attributable to owners of the company was INR 163.0 million compared to INR 179.3 million a year ago. Basic and diluted earnings per share were INR 4.00 compared to INR 4.40 a year ago.