JM Financial on August 11 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 rose to Rs 1,121 crore during the June quarter 2025-26, from Rs 1,093 crore a year ago, JM Financial said in a regulatory filing.
Total expenses declined to Rs 529 crore compared to Rs 849 crore in the April-June quarter of FY25.
Net worth during the quarter has crossed Rs 10,000 crore.
The transaction pipeline remains robust across businesses, reflecting the company's deep market engagement, Vishal Kampani, Vice Chairman and Managing Director of JM Financial said.
"In real estate loans and distressed credit, our focused recovery strategies have delivered strong results, and we remain committed to driving similar outcomes, going forward," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
