JBM Auto Q2 FY27 Results: Revenue Rises 21.06%, Net Profit Up 12.46%

Key Highlights

• JBM Auto's Q2 FY27 revenue increased 21.06% to ₹1,656.37 crore.

• Net profit grew 12.46% to ₹58.76 crore year-on-year.

• Auto components revenue rose 24.68%, while EV revenue grew 21.84%.

• Electric bus fleet crossed 4,000 units, with 578 buses delivered in Q2 FY27.

• EV business maintained approximately 24% market share in H1 FY27, with mobility operations spanning over 50 depots.

JBM Auto Limited reported strong financial growth in the second quarter of FY2026-27 (Q2 FY27), supported by rising revenues from its electric vehicle (EV) and auto components businesses. The company recorded a 21.06% year-on-year increase in revenue and a 12.46% rise in net profit for the quarter ended September 30, 2026.

The Gurugram-based automotive and electric mobility company announced its consolidated financial results on October 26, 2026. Its EV business continued to maintain a strong position in the Indian electric bus market, with an approximately 24% market share in the first half of FY27.

JBM Auto Q2 FY27 Financial Results

JBM Auto's consolidated revenue, including other operating income, increased to ₹1,656.37 crore in Q2 FY27 from ₹1,368.24 crore in the corresponding quarter of the previous financial year. This represents a year-on-year growth of 21.06%.

Net profit rose to ₹58.76 crore from ₹52.25 crore in Q2 FY26, marking a 12.46% increase. Earnings before interest, depreciation, taxes and amortisation (EBITDA) grew by 3.40% to ₹201.35 crore, compared with ₹194.72 crore a year earlier.

Earnings per share (EPS) improved to ₹2.49 in Q2 FY27 from ₹2.23 in Q2 FY26. However, profit before tax (PBT) stood at ₹74.18 crore, slightly lower than ₹74.39 crore in the same quarter last year.

JBM Auto Financial Performance

JBM Auto Half-Year FY27 Performance

JBM Auto also reported growth in revenue and profitability for the six months ended September 30, 2026. Revenue increased to ₹3,098.82 crore in the first half of FY27 from ₹2,622.12 crore in the corresponding period of FY26. This represents an increase of approximately 18.18%.

EBITDA grew to ₹396.23 crore from ₹374.37 crore, an increase of around 5.84%. Profit before tax rose to ₹134.20 crore from ₹124.94 crore, while profit after tax increased to ₹101.19 crore from ₹88.84 crore. EPS also improved to ₹4.27 in H1 FY27, compared with ₹3.78 in H1 FY26.

JBM Auto Half-Year Financial Results

For the full financial year ended March 31, 2026, JBM Auto reported revenue of ₹6,088.37 crore, EBITDA of ₹843.83 crore, profit before tax of ₹310.28 crore, profit after tax of ₹218.50 crore and EPS of ₹9.25.

Auto Components Business Revenue Grows 24.68%

JBM Auto's auto components business recorded strong growth during Q2 FY27. Revenue from the segment increased by 24.68% to ₹1,036.97 crore, compared with ₹831.69 crore in Q2 FY26. The growth highlights the contribution of the company's automotive components operations to its overall business performance.

EV Business Revenue Rises 21.84%

The electric vehicle business also delivered solid growth, with revenue increasing by 21.84% to ₹548.33 crore in Q2 FY27 from ₹450.05 crore in the same quarter last year. JBM Auto's EV business retained an approximately 24% market share in the first half of FY27, strengthening its position in India's electric mobility sector. The company's electric bus operations also recorded important delivery and network milestones during the quarter, reflecting the expansion of its mobility business.

JBM Auto Crosses 4,000 Electric Buses on Indian Roads

JBM Auto's total electric bus fleet on Indian roads crossed 4,000 units during the quarter. The company delivered 578 buses in Q2 FY27, marking its highest quarterly electric bus deliveries. Its mobility business also expanded its presence to more than 50 depots across India. A wider depot network can support the deployment and operation of electric buses across different locations. These developments underline the company's continued focus on electric public transportation and the expansion of its EV operations.

JBM Galaxy Sleeper-Cum-Seater Luxury Coach Launched

During the quarter, JBM Auto launched its next-generation JBM Galaxy sleeper-cum-seater luxury coach at Prawaas in Gandhinagar. The launch expanded the company's passenger mobility portfolio, alongside its electric bus business. The new coach reflects JBM Auto's continued efforts to develop passenger transport solutions for the Indian market.

Also Read: Paradeep Parivahan Wins 10-Year EV Truck Contract From JSW Group

CMV360 Says

JBM Auto delivered strong revenue and net profit growth in Q2 FY27, supported by its expanding auto components and electric vehicle businesses. Higher electric bus deliveries, a fleet exceeding 4,000 buses and a network spanning over 50 depots highlight its growing mobility operations. With an approximately 24% EV market share in H1 FY27 and the launch of its next-generation Galaxy luxury coach, the company continues to strengthen its presence in India's automotive and electric mobility sectors.