JM Financial Limited Announces Q1 Consolidated and Standalone Financial Results for Quarter Ended June 30, 2026
JM Financial Limited has announced the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The Board of Directors approved these Financial Results, which have been reviewed by the Audit Committee.The consolidated results include the performance of JM Financial Limited alongside its subsidiaries and associates. KKC & Associates LLP conducted a review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410. The auditor's conclusion confirmed that the accompanying Statement, prepared as per Ind AS 34, has disclosed all required information and does not contain any material misstatement.
Financial Highlights and Audit Observations
The review of the consolidated financial results noted several findings regarding subsidiary performance:- Reviewed Subsidiaries: Financial results for seven subsidiaries were reviewed by other auditors, reporting a total revenue of Rs. 550.55 Crores, a net profit after tax of Rs. 260.26 Crores, and a total comprehensive income of Rs. 260.39 Crores for the quarter.
- Unreviewed Subsidiaries: The results of five other subsidiaries (before consolidation adjustments) were also included in the Statement, reporting a total revenue of Rs. 16.62 Crores, a net profit after tax of Rs. 5.26 Crores, and a total comprehensive income of Rs. 4.73 Crores for the quarter.
- Associates: The Statement included the Group's share of net loss after tax of Rs. 0.17 crores for the quarter ended June 30, 2026, pertaining to three associates whose financial information had not been reviewed by their auditors.
The independent auditor confirmed that their conclusion was not modified in respect of these matters and affirmed that the Statement adhered to relevant accounting principles.
Consolidated Performance Snapshot
The financial results for the quarter ended June 30, 2026, reflect a total revenue of Rs. 1,224.66 Crores (compared to Rs. 969.21 Crores in the prior quarter and Rs. 1,111.34 Crores in the previous year).The segmental performance details are provided below:
| Segment | Q1 Ended June 30, 2026 (Unaudited) | Prior Quarter (Q1/FY25) | FY Ended March 31, 2026 (Audited) |
|---|---|---|---|
| Corporate Advisory and Capital Markets | 37.34 Crores | 52.05 Crores | 451.75 Crores |
| Wealth and Asset Management | 17.29 Crores | 44.88 Crores | 116.18 Crores |
| Private Markets | 370.34 Crores | 117.52 Crores | 739.92 Crores |
| Affordable Home Loans | 1114 Crores | 34.35 Crores | 98.39 Crores |
| Treasury and Others | 7.83 Crores | (5.70) Crores | 190.94 Crores |
| Total Revenue | 1,224.66 Crores | 969.21 Crores | 4,260.59 Crores |
Standalone Results and Financial Position
The review of the unaudited standalone financial results for JM Financial Limited for Q1 ended June 30, 2026, also concluded that the Statement complied with regulatory requirements and contained no material misstatements.Key figures from the consolidated statement of profit and loss show:
| Metric | Quarter Ended June 30, 2026 (Unaudited) | Prior Quarter (Q1/FY25) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|
| Total Income | 85.70 Crores | 121.98 Crores | 1,202.17 Crores |
| Profit before Tax | 2.78 Crores | 35.20 Crores | 813.82 Crores |
| Total Comprehensive Income | 2.40 Crores | 26.36 Crores | 693.75 Crores |
As of the quarter, the company’s paid up equity share capital stands at Rs. 95,70 Crores (Face value Re 1/- per share).
Financial Position Summary
The financial position summary details are as follows:| Segment | Q1 Ended June 30, 2026 (Unaudited) | Prior Quarter (Q1/FY25) | FY Ended March 31, 2026 (Audited) |
|---|---|---|---|
| Corporate Advisory and Capital Markets (Assets) | 99.81 Crores | 861.49 Crores | 1,366.85 Crores |
| Wealth and Asset Management (Assets) | 6.93 Crores | 6.74 Crores | 6.74 Crores |
| Private Markets (Assets) | 13.22 Crores | 13.44 Crores | 13.59 Crores |
| Affordable Home Loans (Assets) | 3.02 Crores | 2.93 Crores | 2.93 Crores |
| Treasury and Others (Assets) | 1.60 Crores | 1.99 Crores | 1.99 Crores |
| Total Assets | 25.79 Crores | 23.97 Crores | 26.48 Crores |
JMFINANCIL Stock Price Movement
As of 3:14 PM, shares of JM Financial Limited are shedding 1.47% in live trading, currently priced at ₹120.36 after dropping ₹1.80 per share. The stock has seen considerable activity today, with over 6.33 million shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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