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JM Financial Ltd Q1FY24; 11% fall in Profits

JM Financial Ltd is an integrated and diversified financial services group. Its primary businesses include mortgage lending, distressed credit, asset management. It is also engaged in investment banking and the management of private equity funds.

Financial Results:

  • JM Financial Ltd reported Revenues for Q1FY24 of ₹1,065.00 Crores up from ₹791.00 Crore year on year, a rise of 34.64%.
  • Total Expenses for Q1FY24 of ₹851.00 Crores up from ₹547.00 Crores year on year, a rise of 55.58%.
  • Consolidated Net Profit of ₹177.00 Crores down 10.61% from ₹198.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.74, down 2.25% from ₹1.78 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Finance
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