Net profit of Jay Bharat Maruti rose 43.75% to Rs 10.12 crore in the quarter ended June 2017 as against Rs 7.04 crore during the previous quarter ended June 2016. Sales rose 28.17% to Rs 377.29 crore in the quarter ended June 2017 as against Rs 294.36 crore during the previous quarter ended June 2016.

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Jay Bharat Maruti announced that the 30th Annual General Meeting (AGM) of the company will be held on 18 August 2017.

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Meanwhile, the S&P BSE Sensex was up 172.90 points or 0.55% at 31,883.89. The S&P BSE Small-Cap index rose 148.19 points or 0.94% at 15,965.79.

On the BSE, 69,000 shares were traded on the counter so far as against the average daily volumes of 44,431 shares in the past one quarter. The stock had hit a high of Rs 679.70 and a low of Rs 647.35 so far during the day. The stock had hit a record high of Rs 748.75 on 17 July 2017 and a 52-week low of Rs 138.10 on 18 July 2016.

The stock had outperformed the market over the past one month till 18 July 2017, advancing 9.09% compared with the Sensex's 2.11% rise. The stock had also outperformed the market over the past one quarter, surging 65.51% as against the Sensex's 8.16% rise. The scrip had also outperformed the market over the past one year, spurting 409.15% as against the Sensex's 14.29% rise.

The small-cap company has equity capital of Rs 10.83 crore. Face value per share is Rs 5.

Jay Bharat Maruti's net profit surged 43.7% to Rs 10.12 crore on 28.2% growth in net sales to Rs 377.29 crore in Q1 June 2017 over Q1 June 2016.

Prior to the announcement of results, shares of Jay Bharat Maruti witnessed an impressive rally. The shares surged 9.34% in three trading sessions to settle at Rs 714.85 yesterday, 18 July 2017, from its close of Rs 653.75 on 13 July 2017.

Jay Bharat Maruti shares zoomed 137.11% in the calendar year 2017 so far (to its ruling market price).

Jay Bharat Maruti is engaged in manufacturing components for automobiles.

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Jay Bharat Maruti will hold a meeting of the Board of Directors of the Company on 18 July 2017, to consider the Un-Audited Financial Results for the 1st Quarter ended 30th June 2017.

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