Holding company JM Financial announced Q2FY26 results Highest-ever quarterly fees and commission income at Rs 341 crore, increased by 20% YoY. PAT increased by 16% YoY to Rs 270 crore. Wealth management expansion on track; Sales and wealth RMs headcount increased by 43% YoY to 1,015, addition of 11 branches YoY; recurring AUM up 26% YoY to Rs 32,021 crore. Mutual Fund Average AUM increased by 30% YoY to Rs 14,902 crore, SIP flow of ~Rs 115 crore per month (YoY increase of 59%). Affordable Home Loans AUM increased by 28% YoY to Rs 3,031 crore; customer base has increased by 39% YoY to ~29,000. #1 in IPOs (in terms of value), closed 15 capital market transactions amounting to ~Rs 28,000 crore in Q2FY26. Pipeline of transactions is very strong, 56 filed IPO transactions aggregating to ~Rs 120,000 crore (further IPOs to be filed would be additional). Vishal Kampani, Vice Chairman & Managing Director, JM Financial, said: “We are extremely excited to report another quarter of strong performance. We are significantly expanding our base as we execute our strategies on recruiting top talent, adding clients, expanding network including physical and digital infrastructure. The pipeline of transactions in corporate advisory and capital markets is extremely robust. We have crossed an important milestone of 1,000 sales people in our wealth management business. Our pipeline of mandates for syndication transactions is witnessing momentum. Our affordable home loans business has now expanded to 134 branches and reported a strong 28% YoY growth in AUM and a 39% YoY growth in customers.” Result PDF