JMT Auto declines 5%, Q1 PAT slips 53% to Rs 1.7cr

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26 Aug, 2025 12:21

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Moneycontrol BureauShares of JMT Auto slipped 5 percent intraday Monday on the back of poor results posted by the company in quarter ended June 2015 (Q1FY16).The company's Q1 net profit was down 52.8 percent at Rs 1.7 crore versus Rs 3.6 crore, in the same quarter last fiscal. The total income fell 30.8 percent to Rs 84.2 crore versus Rs 121.6 crore.Its domestic business revenues were down by 38.50 percent at 61.94 crore versus Rs 100.65 crore and earnings before interest & tax  (EBIT) declined by 55 percent to Rs 3.76 crore versus Rs 8.37 crore.On the export front, its revenues increased to Rs 22.3 crore against Rs 20.92 crore and EBIT rose at Rs 4.39 crore versus Rs 3.02 crore.In the month of July, the company had acquired Germany-based REGE Holding through its Singapore-based SPV. This acquisition was funded at overseas subsidiary level.At 11:03 hrs JMT Auto was quoting at Rs 118.60, down Rs 5.30, or 4.28 percent on the BSEPosted by Rakesh Patil