JM Financial reports 2-fold jump in Q1 consolidated net profit
29th Jul 2021

JM Financial has reported results for first quarter ended June 30, 2021.

The company has reported 7- fold jump in its net profit at Rs 75.07 crore for the quarter under review as compared to Rs 10.26 crore for the same quarter in the previous year. Total income of the company reported 5- fold jump at Rs 159.78 crore for Q1FY22 as compared Rs 31.31 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributable to owners at Rs 203.14 crore for the quarter under review as compared to Rs 93.61 crore for the same quarter in the previous year. Total income of the company increased by 43.62% at Rs 992.55 crore for Q1FY22 as compared Rs 691.11 crore for the corresponding quarter previous year.