JBM AUTO LTD.

JBM Auto Ltd announced its consolidated results for the quarter ended June 30, 2026, reporting a 15.96% increase in net profit to ₹42.43 crore from ₹36.59 crore in Q1FY26. Revenues grew by 15.04% to ₹1,442.45 crore, while EBIDTA saw an 8.48% rise to ₹194.88 crore. The company's EV business revenue increased by 16.67% to ₹460.04 crore, and the auto components business revenue grew by 15.53% to ₹894.12 crore. Key highlights include retaining ~25% market share in the EV business, securing a ₹750 crore investment for e-bus deployment, and reducing long-term debt by approximately ₹500 crore.

JBM Auto Ltd announced its 30th Annual General Meeting (AGM) will be held on September 16, 2026, via video conferencing. The Board of Directors, in a meeting held on July 30, 2026, approved the un-audited financial results for the first quarter ended June 30, 2026. Additionally, the Board greenlit a proposal for the issuance of securities up to ₹1,500 Crores, subject to shareholder approval at the AGM. The re-appointment of Mr. Nishant Arya as Vice Chairman cum Managing Director and the continuation of Mr. Praveen Kumar Tripathi's directorship were also approved, pending shareholder consent.

JBM Auto Ltd announced the re-appointment of Mr. Nishant Arya as Vice Chairman cum Managing Director for a period of three years, effective May 18, 2027, subject to shareholder approval. The company also confirmed the continuation of Mr. Praveen Kumar Tripathi as a Non-Executive Independent Director upon attaining the age of 75 years, also subject to shareholder approval. These decisions were approved by the Board of Directors on July 30, 2026, following recommendations from the Nomination & Remuneration Committee. Mr. Arya's reappointment is for a term liable to retire by rotation. Mr. Tripathi's continuation addresses regulatory requirements for directors over 75.

JBM Auto Ltd's Board of Directors has approved a proposal to raise up to ₹1,500 Crores through the issuance of securities. This fund-raising initiative is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The board also approved the un-audited financial results for the first quarter ended June 30, 2026. Additionally, the re-appointment of Mr. Nishant Arya as Vice Chairman cum Managing Director and the continuation of Mr. Praveen Kumar Tripathi's directorship as Non-Executive Independent Director were recommended for shareholder approval. The AGM is scheduled for September 16, 2026.

JBM Auto Ltd announced that its Board of Directors, in a meeting held on July 30, 2026, approved the un-audited financial results for the first quarter ended June 30, 2026 (FY 2026-27), both standalone and consolidated. The board also approved a proposal for the issuance of securities amounting to ₹1,500 Crores, subject to shareholder approval. Additionally, Mr. Nishant Arya was re-appointed as Vice Chairman cum Managing Director for three years, and the continuation of Mr. Praveen Kumar Tripathi's directorship as Non-Executive Independent Director was recommended, both pending shareholder consent. The company also fixed September 16, 2026, as the date for its Annual General Meeting.

JBM Auto Ltd announced the approval of its un-audited financial results for the first quarter ended June 30, 2026, for both standalone and consolidated operations. The Board of Directors also approved a proposal for the issuance of securities, not exceeding ₹1,500 Crores, subject to shareholder approval. Additionally, the Board re-appointed Mr. Nishant Arya as Vice Chairman cum Managing Director for three years and recommended the continuation of Mr. Praveen Kumar Tripathi as Non-Executive Independent Director. The Annual General Meeting is scheduled for September 16, 2026.

JBM Auto Ltd has announced that its Board of Directors will convene on July 30, 2026. The primary agenda items include the consideration and approval of the Un-Audited Financial Results (Standalone & Consolidated) for the first quarter ended June 30, 2026. Additionally, the board will discuss a proposal for the issue of securities, subject to shareholder approval and regulatory compliance. The company also confirmed that its trading window for designated persons remains closed from July 1, 2026, and will reopen 48 hours after the results are publicly disclosed.

JBM Auto Ltd announced the incorporation of its step-down subsidiary, Greenpath Mobility Ventures Private Limited (GMVPL), through its subsidiary JBM Ecolife Mobility Private Limited. GMVPL was incorporated on July 15, 2026, with an authorized share capital of ₹15,00,000 and a paid-up capital of ₹1,00,000. The company's primary objective is to participate in government tenders for operating electric and CNG buses and to engage in the supply and maintenance of public transport vehicles. GMVPL is a wholly-owned subsidiary of JBM Eco and has not yet commenced business operations.

JBM Electric Vehicles Private Limited (JBMEV), a subsidiary of JBM Auto Ltd., has signed a Memorandum of Understanding (MOU) with Drivn, an electric commercial vehicle leasing platform. Under this agreement, JBMEV will supply 500 ultra-modern electric luxury buses. The deployment is planned over the next year, focusing initially on intercity coaches with integrated leasing, financing, maintenance, and charging solutions. This partnership aims to make electric vehicle adoption more accessible for fleet operators by reducing upfront capital investment and simplifying lifecycle management. Both companies will also explore opportunities in school transportation, employee mobility, and airport transit.

JBM Electric Vehicles (JBM EV), a subsidiary of JBM Auto, has launched its next-generation 'GALAXY' electric luxury coach at Prawaas 5.0 in Gandhinagar. The coach was unveiled by Union Minister Nitin Gadkari. The 'GALAXY' is designed for inter-city travel, offering configurations with sleeper berths and washrooms, aiming to enhance operator revenue and passenger convenience. It features advanced safety systems, a European-inspired design, and efficient battery technology with fast charging and regenerative braking. JBM EV currently holds the highest market share in India's electric luxury coach segment and has deployed over 3,300 electric buses nationwide.