JBM Auto rises nearly 2% after strong Q3 results

Shares of JBM Auto rose about 2 percent in early trade on February 12 after the company reported strong results for the quarter ended December 2018.

Consolidated net profit after tax rose to Rs 19.74 crore, up 14.6 percent from the same quarter last year.

JBM Auto's revenue from operations in Q3 was Rs 429.89 crore, an increase of 8.46 percent from the same quarter last year.

Earnings per share (EPS) for the third quarter rose to Rs 4.22 from Rs 3.71 in the corresponding quarter last year.

Source:https://www.moneycontrol.com/news/business/markets/jbm-auto-rises-nearly-2-after-strong-q3-results-3517961.html

At 0926 hours, JBM Auto was quoting at Rs 260.85, up Rs 3.80, or 1.48 percent.

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