Categories AlphaGraphs, Earnings

JM Financial Ltd Q2FY24; 13% 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 Q2FY24 of ₹1,197.00 Crores up from ₹859.00 Crore year on year, a rise of 39.35%.
  • Total Expenses for Q2FY24 of ₹936.00 Crores up from ₹559.00 Crores year on year, a rise of 67.44%.
  • Consolidated Net Profit of ₹206.00 Crores down 13.45% from ₹238.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.04, up 7.94% from ₹1.89 in the same quarter of the previous year.

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