Auto components maker Jay Bharat Maruti today reported an over five-fold jump in net profit at Rs 5.41 crore for the third quarter.
It had a net profit of Rs 1.08 crore during the same quarter last fiscal, Jay Bharat Maruti (JBML) said in a statement.
The company also reported an increase of 31.62 per cent in its third quarter revenues at Rs 203.76 crore against Rs 154.81 crore during the same period of 2008-09.
JBML is a joint venture between car maker Maruti Suzuki India and the JBM Group. It manufactures and supplies auto components like sheet metal components, welded assemblies, fuel neck fillers, axles and exhaust systems.