Holding Companies company JM Financial announced Q3FY25 results Total income: Rs 1,121 crore compared to Rs 1,261 crore during Q3FY24, change -11%. Operating Profit: Rs 403 crore compared to Rs 466 crore during Q3FY24, change -13%. PAT: Rs 209 crore compared to Rs 278 crore during Q3FY24, change -25%. AUM: Rs 2,588 crore compared to Rs 1,946 crore during Q3FY24. EPS: Rs 2.2 for Q3FY25. Consolidated net worth: Rs 8,874 crore compared to Rs 8,643 crore during Q3FY24. Vishal Kampani, Vice Chairman and Managing Director, JM Financial, said: “The performance of the capital markets focused businesses continues to remain strong. In CY24, JM Financial closed the highest number of QIP deals. In line with the guidance, there is a strong reduction in the wholesale loan book through repayments and the MSME loans through assignment. In our wholesale mortgage lending business, we have accelerated the provision coverage ratio to a robust 94% from 55% in the last nine months. The affordable home loans business has demonstrated strong growth and has expanded to 128 branches. We continue to execute our strategies on our focused businesses i.e. corporate advisory and capital markets, wealth and asset management, private credit syndication and affordable home loans business.” Result PDF
Conference Call with JM Financial Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.