JBM Auto Q3 Results | Net profit rises 8% to ₹52 crore, sales up 4% to ₹1,396 crore

Shares of JBM Auto Ltd ended at ₹1,401.05, up by ₹36.80 or 2.70% on the BSE.

Shares of JBM Auto Ltd ended at ₹1,401.05, up by ₹36.80 or 2.70% on the BSE.

The Sensex moved above 76,500, rising over 600 points today. The Nifty also gained 206 points, closing at 23,163. Midcap stocks outperformed, with the Midcap Index climbing over 2%, adding 1,189 points to close at 52,719.

Gujarat Fluorochemicals said that specialty chemical volumes are likely to pick up from the March quarter, although they remained flat during the quarter.

While IIFL Finance acknowledged the ongoing search, it has not disclosed specific details about the nature of the investigation or any alleged violations. The financial impact of the operation on its business remains unclear at this stage.

Volume-led revenue growth and stable raw material costs were some of the key positives for Maruti Suzuki during the quarter, although rising discounts partially offset the positives.

Investor sentiment remained strong following the results, pushing Deepak Fertilisers’ stock past 14% hitting an intraday high of ₹1279.15.

Analysts attribute the domestic price hike to speculative trading and a weaker rupee.

The company reported a 40.5% year-on-year increase in net profit for Q3 FY25, reaching ₹125.5 crore, up from ₹89 crore in the same period last year.

Shares of Dalmia Bharat, Bajaj Hindusthan, Shree Renuka Sugars, Bannari Amman Sugars, and Balrampur Chini Mills climbed up to 6% in early trade, buoyed by expectations of higher realisations for ethanol producers.

Before the earnings announcement on Wednesday, KPIT Tech’s shares had corrected over 35% from their peak of over ₹1,900 per share.