Jamna Auto Industries sets AGM, reports strong FY2024-25 financial results

Jamna Auto Industries (JAI) reported consolidated revenue of INR 2,270 crore for FY2024-25, alongside an EBITDA of INR 306 crore and profit before tax of INR 256 crore. This performance comes despite a 1.2% de-growth in the commercial vehicle (CV) segment, with the aftermarket business achieving 13% year-over-year growth in India sales. The company's total dividend payout for FY2024-25 is proposed at 46.45% of PAT, including an interim dividend of INR 1.00 per equity share and a recommended final dividend of INR 1.10 per equity share.

Strategic initiatives include the expansion of non-spring products, which doubled their share in the aftermarket to 6%, and plans to set up integrated plants for in-house axle manufacturing. The company also continues to invest in digitalization, with advanced tools like a distributor management system and ERP-banking integration. JAI's credit ratings remain strong, with ICRA Limited and CARE Ratings Limited affirming stable outlooks.