etauto bureau new delhi delhi based auto component maker jbm auto reported a net profit of rs 1758 crore in its q4 of financial year 2015 results a fall of 152 percent as compared to rs 2074 crore in the same period of fy14 net sales for q4 however remained flat at rs 37516 crore as against rs 37720 crore jbm autos yearly results showed a positive growth with its profit after tax in fy15 touching rs 7641 cr up from rs 5021 crore which is a healthy 521 percent rise during fy14 the net sales too jumped up 141 to rs 155695 crore in fy15 from rs 136389 cr in the same period a year before advt the past financial year has been extremely positive for all of us at jbm said mr nishant arya executive director jbm group the launches of new car models across segments by all top manufacturers were well accepted by the customers which provided a strong boost to our sales numbers he added jbm last year also entered into commercial vehicle space by launching bus division with a city bus which is now fully functional commenced production going into the new financial year we expect increased profitably as passenger cars continue to grow on back of number of new launches that are announced and expected to be announced opined arya at group level jbm group has diversified into solar power generation and target to be an independent power producer ipp the group plans to invest rs 1600 crore over the next 3 years to set up 300 megawatt of solar power capacity published on may 18 2015 at 0628 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app quarterly results financial results diversification jbm auto jbm auto ltd auto component major homenewsauto componentsjbms fy15 q4 profit fall by 152 to rs 1758 crore