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Dolat Capital: JBM Auto Q2 Review - On The Path Of All Round Growth

JBM Auto’s revenue grew 7% YoY to Rs 5.17 billion in Q2 but its components business offset growth in bus and tooling divisions.

A JBM Solaris Ecolife electric bus (right) manufactured by JBM Group, stands next to the company’s Citylife bus at the Auto Expo 2018 held in Noida, Uttar Pradesh, India. (Photographer: Anindito Mukherjee/Bloomberg)
A JBM Solaris Ecolife electric bus (right) manufactured by JBM Group, stands next to the company’s Citylife bus at the Auto Expo 2018 held in Noida, Uttar Pradesh, India. (Photographer: Anindito Mukherjee/Bloomberg)
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