Jay Bharat Maruti Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
October 26, 2021 at 06:17 am EDT
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Jay Bharat Maruti Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 4,675.51 million compared to INR 3,918.33 million a year ago. Revenue was INR 4,677.15 million compared to INR 3,925.56 million a year ago. Net income was INR 36.78 million compared to INR 91.93 million a year ago. Basic earnings per share from continuing operations was INR 0.85 compared to INR 2.12 a year ago. Diluted earnings per share from continuing operations was INR 0.85 compared to INR 2.12 a year ago.
For the six months, sales was INR 8,790.99 million compared to INR 4,620.56 million a year ago. Revenue was INR 8,793.61 million compared to INR 4,533.28 million a year ago. Net income was INR 67.25 million compared to net loss of INR 118.52 million a year ago. Basic earnings per share from continuing operations was INR 1.55 compared to basic loss per share from continuing operations of INR 2.74 a year ago. Diluted earnings per share from continuing operations was INR 1.55 compared to diluted loss per share from continuing operations of INR 2.74 a year ago.
Jay Bharat Maruti Limited is an India-based company, which is engaged in the manufacturing of sheet metal components, rear axle, muffler assemblies, fuel neck and tools and dies for motor vehicles, components and spare parts. The Company manufactures auto components and assemblies, such as Body-in-White (BIW) parts, exhaust systems, fuel fillers (fuel pipe), and suspension parts for passenger cars. The Company's plants are located at Plot No. 5, Maruti Joint Venture Complex, Gurgaon, Haryana; Sector 36, Mohammadpur Jharsa, Near Khandsa Village, Gurgaon, Haryana; Plot No. 15 and 22, Sector 3A, Maruti Supplier Park, IMT Manesar, Gurgaon Haryana; Sector 36, Mohammadpur Jharsa, Near Khandsa Village, Gurgaon, Haryana, and Survey No.62, Paiki, 6 and 7, GIDC Extension Road, Village Vithlapur, Taluka Mandal, district Ahmedabad Gujarat. The Company's operational facilities include stamping, welding, fuel filler manufacturing, die manufacturing, painting and plating.
JAY BHARAT MARUTI LIMITED 
