JBM Auto’s FY 2016/17 net profit up 25.7% y/y to USD10 million

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Financial results

Sales up 17.9% y/y

India-based auto component and bus manufacturer JBM Auto has reported a 25.7% year-on-year (y/y) jump in its consolidated net income to INR658.8 million (USD10.1 million as on 31 March 2017) for the financial year ended 31 March 2017, the company announced in a regulatory filing.

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