JM Financial Q1 profit upsurge 166% to Rs 454 crore

New Delhi, JM Financial on Monday reported a 166 percent rise in consolidated net profit to Rs 454 crore for the June quarter of FY26.

The financial services company had earned Rs 171 crore in the same quarter a year ago.

Total income during the June quarter of 2025-26 rose to Rs 1,121 crore from Rs 1,093 crore a year ago, JM Financial said in a regulatory filing.

Total expenses declined to Rs 529 crore as compared to Rs 849 crore in the April-June quarter of FY25.

Networth crossed Rs 10,000 crore during the quarter.

Vishal Kampani, Vice Chairman and Managing Director, JM Financial Ltd said the transaction pipeline across all businesses remained strong, reflecting the company’s deep market presence.

He added, “Our focused recovery strategies in real estate lending and distressed debt have delivered strong results, and we are committed to achieving similar results going forward.”

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