Jay Bharat Maruti Limited, founded in 1983, in collaboration with Maruti Suzuki India Limited (MSIL), is the leading manufacturer of key auto components and assemblies such as exhaust systems, fuel fillers (fuel pipe), and suspension parts for passenger cars. Their manufacturing plants are located in Gurgaon, Bawal, Manesar (Haryana) and Gujarat.
Financial Results:
- Jay Bharat Maruti Ltd reported Revenues for Q1FY24 of ₹533.17 Crores down from ₹554.24 Crore year on year, a fall of 3.8%.
- Total Expenses for Q1FY24 of ₹526.21 Crores down from ₹542.96 Crores year on year, a fall of 3.08%.
- Consolidated Net Profit of ₹5.05 Crores down 34.59% from ₹7.72 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.17, down 34.27% from ₹1.78 in the same quarter of the previous year.