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Informist, Thursday, Feb. 5, 2026

--JM Fincl Apr-Dec consol revenue INR 31.42 bln vs INR 33.74 bln year ago 

--JM Fincl Apr-Dec consol net profit INR 10.37 bln vs INR 6.12 bln year ago 

--JM Fincl Oct-Dec consol revenue INR 9.99 bln vs INR 11.06 bln year ago 

--JM Fincl Oct-Dec consol net profit INR 3.13 bln vs INR 2.09 bln year ago 

By Taniva Singha Roy

MUMBAI – JM Financial Ltd. Thursday reported a significant year-on-year rise in its consolidated net profit for the December quarter, even though its consolidated revenue fell. The net profit growth was largely driven by fall in total expenses as finance cost declined.

The company reported a consolidated net profit of INR 3.13 billion for the December quarter, up nearly 50% on year and up almost 16% on quarter. However, the company's revenue fell 10% on year and over 3% sequentially to INR 10 billion. The fall in revenue was due to an over 22% on-year fall in the company's other operating income to INR 63 million.

The company's total expenses fell nearly 16% on year to INR 7.04 billion. Under total expenses, finance cost fell over 22% on year to INR 2.48 billion. It was down 2.5% on quarter.

For the nine months ended Dec. 31, the company's net profit rose by a whopping 69% on year to INR 10.37 billion. On the other hand, its revenue for the period fell nearly 7% on year to INR 31.42 billion.

On Thursday, the company's shares closed 5% lower at INR 124.90 on the National Stock Exchange. The company announced its earnings after market hours.  End

Edited by Ashish Shirke

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