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( As on 12/05/2025 20:50)

JM Financial Q4 net profit zooms 389.81% at Rs 134.55 cr

The company reported standalone net profit of Rs 134.55 crore for the quarter ended March 31, 2025 as compared to Rs 27.47 crore in the same period last year, registering a year-on-year growth of 389.81 per cent.

Net revenue of the company rose substantially by 31.87 per cent at Rs 251.89 crore in January-March quarter of this fiscal as against Rs 191.01 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 18.96 per cent to Rs 98.30 crore from Rs 121.30 crore in year ago period.

Other Income grew by 181.10 per cent at Rs 4.61 crore versus (Mar'24 Rs 1.64 crore).

Operating Profit surged by 120.33 per cent to Rs 153.59 crore as against Rs 69.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 67.07 per cent in March quarter.

Interest grew by 29.32 per cent y-o-y to Rs 1.72 crore, while Taxation decreased by 56.09 per cent at Rs 17.53 crore (Mar'24 Rs 39.92 crore).