JBM Auto Limited has announced its JBM Auto Q2 FY27 Results for the second quarter of the financial year 2026-27. For the quarter ending September 2026, the company reported year-on-year growth in both revenue and net profit.
Consolidated revenue increased by 21.06% to Rs. 1,656.37 crore, while net profit rose by 12.46% to Rs. 58.76 crore compared with the corresponding quarter last year.
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The electric vehicle (EV) business and auto components division played a significant role in the company’s results. EV business revenue grew by 21.84% to Rs. 548.33 crore, while auto components business reported revenue of Rs. 1,036.97 crore, with a growth of 24.68%. The company also highlighted its leadership in the electric bus segment, where it held a market share of approximately 24% in H1 FY27.
JBM Auto’s quarterly results come at a time when electric buses and public transport electrification have become important growth areas for the Indian automotive industry. Revenue growth indicates business expansion, but profitability numbers are equally important for understanding a company’s financial performance.
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JBM Auto Q2 FY27 Results: Key Numbers
According to JBM Auto’s consolidated financial results, the company recorded growth in revenue and net profit compared to the corresponding quarter last year.
| Financial Metric | Q2 FY27 | Q2 FY26 | YoY Change |
|---|---|---|---|
| Revenue, including other operating income | Rs. 1,656.37 crore | Rs. 1,368.24 crore | +21.06% |
| EBITDA | Rs. 201.35 crore | Rs. 194.72 crore | +3.40% |
| Profit Before Tax (PBT) | Rs. 74.18 crore | Rs. 74.39 crore | Slight decline |
| Profit After Tax (PAT) | Rs. 58.76 crore | Rs. 52.25 crore | +12.46% |
| Earnings Per Share (EPS) | Rs. 2.49 | Rs. 2.23 | Increased |
EBITDA grew only 3.40% compared to 21.06% growth in revenue. This means that operating earnings grew at a slower pace than revenue. To understand this trend, investors will need to monitor operating costs, margins, and profitability in the coming quarters.
Profit before tax declined marginally from Rs. 74.39 crore to Rs. 74.18 crore, while net profit reported growth. The company’s release does not detail tax reconciliation or explain this difference, so it is not accurate to confirm any specific reason behind it.
EV Business Revenue Grows 21.84%
JBM Auto’s electric vehicle business generated Rs. 100 crore in Q2 FY27. Reported revenue of Rs. 548.33 crore, up 21.84% from Rs. 450.05 crore last year. The EV business is an important part of the company’s broader mobility strategy, especially in the electric buses and public transport solutions segment.
According to the company, its total electric bus fleet has crossed the 4,000 bus mark across India. During Q2 FY27, JBM Auto delivered 578 buses, the highest number of electric bus deliveries in a single quarter for the company. This gives an idea of the operational scale of the business, although the company did not provide a detailed customer-wise or model-wise breakdown of deliveries in the release.
JBM Auto also stated that it retained approximately 24% market share in the electric bus segment in H1 FY27. This is the company’s reported market-share figure; the release did not specify the detailed methodology for its calculation or the underlying industry data.
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Auto Components Business Records 24.68% Growth
JBM Auto’s auto components business was also a strong growth driver during the quarter. Revenue from this segment stood at Rs. 1,036.97 crore in Q2 FY27, up 24.68% from Rs. 831.69 crore in Q2 FY26.
The growth of the auto components business highlights the diversification of the company’s overall automotive operations. The expansion of the components division, along with the EV business, supports JBM Auto’s consolidated revenue.
However, detailed segment-wise profitability information was not provided in the press release, so a direct comparison of the margins or earnings contribution of the two businesses cannot be made at this time.
JBM Galaxy Luxury Coach and Mobility Network Expansion
Among the JBM Auto Q2 FY27 Results highlights, JBM Auto announced the launch of the next-generation JBM Galaxy Sleeper cum-seater luxury coach during the Prawaas event in Gandhinagar. This product expands the company’s mobility offerings beyond the electric bus business to the broader passenger transport segment.
The company also announced plans to expand its mobility business presence to over 50 depots across India. The electric bus fleet reaching over 4,000 vehicles and record quarterly deliveries demonstrate the company’s operating footprint.
The practical significance of these developments is the increasing availability of electric buses and passenger transport solutions for public transport operators and mobility service providers. However, future operating data will also be important for assessing actual deployment, utilization, and profitability.
JBM Auto H1 FY27 Performance
Along with the quarterly performance, the company also reported its half-year performance. JBM Auto’s consolidated revenue for the period April to September 2026 was Rs. 3,098.82 crore, compared with Rs. 2,622.12 crore in H1 FY26.
EBITDA increased from Rs. 374.37 crore to Rs. 396.23 crore during the same period. Profit after tax increased from Rs. 88.84 crore to Rs. 101.19 crore, while EPS was Rs. improved from Rs. 3.78 to Rs. 4.27.
Half-year figures show year-on-year improvement in revenue, operating earnings, and net profit. However, quarterly EBITDA growth lagging significantly behind revenue growth is a metric that will be useful to track in future results.
Auto India Daily Verdict
Revenue growth, electric bus deliveries, and the expansion of the auto components business are key positives in JBM Auto Q2 FY27 Results. The company’s electric bus fleet surpassing 4,000 and delivering 578 buses in a single quarter highlights its operational scale.
But the financial picture isn’t limited to revenue growth alone. Quarterly EBITDA growth was 3.40%, considerably lower than revenue growth, and a marginal decline in profit before tax was reported. It will be important to monitor operating margins, cash generation, and the profitability of the EV business in the coming quarters.
Overall, JBM Auto Q2 FY27 Results reflect expansion in its electric mobility and components businesses. The next step for investors will be to see how consistently the company can translate its growing business scale into stronger operating profitability.
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AID Editorial Desk covers the latest automotive news, car and bike launches, EVs, technology, buying guides and motorsport for Auto India Daily.