JBM Auto’s Q1 net profit up 17.9% y/y to USD3.3 million

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Financial results

Revenue down 2.6% y/y

India-based auto component and bus manufacturer JBM Auto has reported a 17.9% year-on-year (y/y) jump in its consolidated net income to INR229.3 million (USD3.3 million) for the first quarter ended 30 June 2018, the company announced in a regulatory filing.

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