JM Financial Q2 Results: Companys profit rises 19% to Rs 232 crore
JM Financial Q2 Results: JM Financial on Friday reported a 19 per cent on-year increase in profit after tax at Rs 232 crore for three months ended September 30, 2024.
JM Financial Q2 Results: JM Financial on Friday reported a 19 per cent on-year increase in profit after tax at Rs 232 crore for three months ended September 30, 2024. The company had posted a profit after tax (PAT) of Rs 195 crore in the year-ago period.
On a quarter-on-quarter basis, it registered a 36 per cent growth.
Its total income marginally dropped to 1,211 crore in the July-September quarter of the current financial year (FY25) from Rs 1,214 crore in the same quarter preceding fiscal, JM Financial said in a statement.
However, on a quarter-on-quarter basis, JM Financial's total income rose 11 per cent from Rs 1,094 crore in the three month ended June 2024.
JM Financial is a diversified financial services group and its primary businesses include integrated investment bank, mortgage lending, alternative and distressed credit, asset management, wealth management and securities business.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.