Aug 13, 2012, 05.38 PM IST

JM Financial Q1 net profit rises 45% to Rs 35 cr

JM Financial's consolidated net profit rose by 44.6% year-on-year to Rs 35.30 crore in the quarter ended June 2012.

Source: Moneycontrol.com
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JM Financial 's consolidated net profit rose by 44.6% year-on-year to Rs 35.30 crore in the quarter ended June 2012.


Consolidated total income from operations increased 18.6% to Rs 245.43 crore from Rs 206.94 crore during the same period.


Finance cost went up by 18% YoY to Rs 90.62 crore and tax expenses jumped 67.4% to Rs 19.47 crore, but other income dropped to Rs 5.03 crore from Rs 1.18 crore YoY.


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