JBM Auto Q2 FY27 Results: Consolidated Net Profit ₹61.30 Crore on Total Income of ₹1,667 Crore
Earnings
Auto components
Blacklitt Research3 min read
JBM Auto (NSE: JBMA) reported consolidated total income of ₹1,666.62 crore and consolidated net profit of ₹61.30 crore for the quarter ended 30 Sep 2026, it said in a filing on 26 Oct 2026. Standalone total income was ₹1,772.37 crore and standalone net profit ₹48.88 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹1,666.62 crore, up 18.4% YoY and 13.1% QoQ
Net profit: ₹61.30 crore, up 11.0% YoY and 38.5% QoQ
EPS: ₹2.49 basic, against ₹2.23 a year earlier and ₹1.78 in the previous quarter
Finance costs: ₹73.06 crore, 4.4% of total income
Standalone
The company on its own, without its subsidiaries
Total income: ₹1,772.37 crore, up 44.9% YoY and 30.3% QoQ
Net profit: ₹48.88 crore, up 8.4% YoY and 53.5% QoQ
EPS: ₹2.07 basic, against ₹1.91 a year earlier and ₹1.35 in the previous quarter
Finance costs: ₹49.54 crore, 2.8% of total income
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,666.62
1,407.04
+18.4%
1,473.94
+13.1%
Revenue from operations
1,656.37
1,368.24
+21.1%
1,442.45
+14.8%
Other income
10.25
38.80
-73.6%
31.49
-67.4%
61.30
55.22
+11.0%
44.26
+38.5%
Profit before tax
74.18
74.39
-0.3%
60.02
+23.6%
Finance costs
73.06
70.43
+3.7%
82.88
-11.8%
Depreciation
45.37
44.28
+2.5%
44.04
+3.0%
Tax expense
12.88
19.17
-32.8%
15.76
-18.3%
Net profit margin
3.68%
3.92%
-0.25 pp
3.00%
+0.68 pp
EPS, basic (₹)
2.49
2.23
+11.7%
1.78
+39.9%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 11.0% year on year while total income rose 18.4%, so profit grew more slowly than income. Profit before tax was broadly flat, down 0.3% at ₹74.18 crore against ₹74.39 crore a year earlier.
Other income fell from ₹38.80 crore to ₹10.25 crore, while revenue from operations rose 21.1% to ₹1,656.37 crore. Other income is now 0.6% of total income, against 2.8% a year earlier, so the reported total income growth rests on the operating line rather than on other income. Finance costs rose 3.7% to ₹73.06 crore, which is 4.4% of total income.
Against the previous quarter, consolidated profit rose 38.5% and profit before tax rose 23.6%, while finance costs fell 11.8%. The statement carries an exceptional item of ₹9.69 crore in the quarter ended 30 Jun 2026, shown as a charge in that quarter; the filing does not say what it relates to.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,772.37
1,222.80
+44.9%
1,360.01
+30.3%
Revenue from operations
1,755.88
1,203.07
+45.9%
1,355.72
+29.5%
Other income
16.49
19.73
-16.4%
4.29
+284.4%
48.88
45.08
+8.4%
31.84
+53.5%
Profit before tax
64.82
60.55
+7.1%
43.95
+47.5%
Finance costs
49.54
42.04
+17.8%
40.11
+23.5%
Depreciation
29.38
28.04
+4.8%
28.80
+2.0%
Tax expense
15.94
15.47
+3.0%
12.11
+31.6%
Net profit margin
2.76%
3.69%
-0.93 pp
2.34%
+0.42 pp
EPS, basic (₹)
2.07
1.91
+8.4%
1.35
+53.3%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income rose 44.9% to ₹1,772.37 crore, with revenue from operations up 45.9%, while standalone net profit rose 8.4% to ₹48.88 crore. Profit before tax rose 7.1% to ₹64.82 crore and tax expense rose 3.0% to ₹15.94 crore, so the gap between income growth and profit growth is wider on this basis than on the consolidated one.
Other income fell 16.4% to ₹16.49 crore and is 0.9% of total income. Finance costs rose 17.8% to ₹49.54 crore, 2.8% of total income. Depreciation rose 4.8% to ₹29.38 crore.
The standalone EPS of ₹2.07 compares with ₹1.91 a year earlier. Consolidated net profit of ₹61.30 crore is ₹12.42 crore higher than standalone net profit of ₹48.88 crore for the same quarter.
The filing gives a company-wide note on the Environment Protection (End-of-Life Vehicles) Rules, 2025. The company says it is unable to reliably estimate the financial impact of the extended producer responsibility obligations, because the framework for determining financial obligations and the pricing mechanism for EPR certificates are not yet available. The filing does not quantify any effect on either set of results.
The Statutory Auditors, R.N. Marwah & Co. LLP, expressed an unmodified review conclusion on both the consolidated and standalone results. The company also renamed its OEM Division as the EV Business, and the segment information is disclosed within the consolidated results.
Inference
The filing reports results for the quarter and half year ended 30 Sep 2026 and records a board approval on 26 Oct 2026. The consolidated half-year net profit is ₹105.56 crore, of which ₹100.84 crore is attributable to owners of the Company.
The filing does not say what the exceptional item of ₹9.69 crore relates to, what reason the company gives for the change in profit against the year-ago and previous quarters, or what the financial effect of the EPR rules on the results will be. No dividend for the quarter is mentioned in the filing.
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