JM Financial Reports Q1FY27 Results: Net Revenue Rises 13% to Rs 883 Crores; Operating Profit Up 21%

JM Financial Reports Q1FY27 Results: Net Revenue Rises 13% to Rs 883 Crores; Operating Profit Up 21%​

Mumbai, August 3, 2026: JM Financial Limited has announced its financial results for the quarter ended June 30, 2026. The company reported a consolidated net revenue of Rs 883 crores for Q1FY27, marking a year-on-year (YoY) increase of 13%. Pre-provision operating profit stood at Rs 469 crores, representing a 21% YoY rise.

The firm's net profit after tax and share of associates (excluding provisions) increased by 24% YoY to reach Rs 379 crores.

Key Operational Highlights​

The performance across JM Financial Limited’s diversified business segments showed significant growth. The Private Markets segment performed strongly, reporting gross recoveries exceeding Rs 2,000 crores, with the JM Financial Group's share of cashflows reaching over Rs 1,200 crores.

In Wealth Management, recurring AUM saw a healthy increase of 7% YoY, standing at Rs 33,394 crores. Concurrently, the loan book within this segment grew by 43% YoY to Rs 2,417 crores. The Mutual Fund Average AUM for non-liquid schemes stood at Rs 10,521 crores for Q1FY27, compared to Rs 11,219 crores in Q1FY26.

The Affordable Home Loans business also reported substantial growth. Customer base increased by 31% YoY to 35,655. The segment added 23 branches and saw AUM increase by 28% YoY to Rs 3,715 crores. Furthermore, disbursements in this area surged by 87% YoY to Rs 360 crores.

In Capital Markets, the company closed 9 capital market transactions amounting to approximately Rs 22,000 crores in Q1FY27. The pipeline for future transactions remains strong, with 60 IPO filings aggregating to nearly Rs 150,000 crores, excluding filed IPOs related to Jio Platforms Limited and National Stock Exchange of India Limited.

Management Perspective​

Commenting on the financial results, Mr Vishal Kampani, Vice Chairman and Managing Director of JM Financial Limited, stated that the Q1 performance demonstrated the strength of the diversified business model. He highlighted that the Private Markets segment provided a strong cushion to earnings amid capital market volatility, noting over Rs 1,200 crores in cashflows from distressed credit business.

Kampani added, "We are witnessing early signs of recovery in capital markets which will help us execute our transaction pipeline and improve transactional business revenues. Recurring AUM and loans in our Wealth Management segment have shown healthy traction. Affordable home loans business has reported strong growth in disbursements of 87% YoY."

Financial Summary​

The performance metrics for JM Financial Limited across various key areas are summarized below (figures in crores, unless otherwise stated):


JM Financial is an integrated and diversified financial services group, offering services that range from corporate advisory and capital markets to private credit, wealth management, and affordable home loans. The Group has a presence in over 889 locations across India.

JMFINANCIL Stock Price Movement​

Today, the stock of JM Financial Limited shed 1.60% in post-market trading, concluding the session at ₹120.2. The equity accounted for a total traded volume of 6.29 million shares during today's activity.