Jamna Auto Industries announced that the Board of Directors of the Company at its meeting held on 31 May 2021, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Net profit of Jamna Auto Industries rose 342.30% to Rs 48.52 crore in the quarter ended March 2021 as against Rs 10.97 crore during the previous quarter ended March 2020. Sales rose 124.29% to Rs 472.25 crore in the quarter ended March 2021 as against Rs 210.55 crore during the previous quarter ended March 2020.

For the full year,net profit rose 60.10% to Rs 76.72 crore in the year ended March 2021 as against Rs 47.92 crore during the previous year ended March 2020. Sales declined 0.58% to Rs 1052.71 crore in the year ended March 2021 as against Rs 1058.82 crore during the previous year ended March 2020.

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Net profit of Jamna Auto Industries rose 330.64% to Rs 47.50 crore in the quarter ended March 2021 as against Rs 11.03 crore during the previous quarter ended March 2020. Sales rose 103.97% to Rs 484.40 crore in the quarter ended March 2021 as against Rs 237.49 crore during the previous quarter ended March 2020.

For the full year,net profit rose 52.38% to Rs 72.96 crore in the year ended March 2021 as against Rs 47.88 crore during the previous year ended March 2020. Sales declined 4.38% to Rs 1079.48 crore in the year ended March 2021 as against Rs 1128.95 crore during the previous year ended March 2020.

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Jamna Auto Industries announced the appointment of Gautam Mukherjee (DIN: 02590120) as an Independent Director for an initial term of 5 years with effect from 31 May 2021 subject to approval of members of the Company at board meeting held on 31 May 2021.

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