JM Financial's Q4 FY 2025-26 Quarterly Results

Result Summary

• JM Financial Ltd reported a 13.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 5.6%.
• Its expenses for the quarter were up by 0.0% QoQ and 2.6% YoY.
• The net profit decreased 49.2% QoQ and decreased 31.1% YoY.
• The earnings per share (EPS) of JM Financial Ltd stood at 1.73 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

JM Financial Ltd is a leading financial services company in India, specializing in a range of services including investment banking, wealth management, and asset management. The company operates within the broader financial services industry and is known for its comprehensive suite of services that cater to both individual and institutional clients. As of the latest data available up to October 2023, there have been no significant public developments or changes in the company’s strategic direction. JM Financial Ltd continues to focus on expanding its market presence and enhancing its service offerings to meet the evolving needs of its clientele.

Revenue

In Q4FY26, JM Financial Ltd reported a total income of ₹969.21 crores, a decrease of 13.9% from the previous quarter (Q3FY26) where the total income was ₹1125.87 crores. Year-over-year, the total income saw a decrease of 5.6% compared to Q4FY25, which had a total income of ₹1027.21 crores. This decline in revenue reflects a challenging period for the company in terms of income generation, both on a quarterly and an annual basis. The factors contributing to this revenue performance have not been detailed in the provided data.

Profitability

The company’s profitability saw a notable decline in Q4FY26. Profit Before Tax (PBT) was reported at ₹243.10 crores, down by 39.3% from Q3FY26, which had a PBT of ₹400.38 crores. Compared to Q4FY25, where the PBT was ₹311.42 crores, there was a year-over-year decline of 21.9%. Consequently, Profit After Tax (PAT) for Q4FY26 was ₹161.92 crores, representing a 49.2% decrease quarter-over-quarter from ₹318.46 crores in Q3FY26, and a 31.1% decrease year-over-year from ₹235.02 crores in Q4FY25. The tax expense for Q4FY26 was ₹83.74 crores, showing a reduction of 12.2% from Q3FY26 and an increase of 9.6% from Q4FY25.

Operating Metrics

The earnings per share (EPS) for JM Financial Ltd in Q4FY26 was ₹1.73, reflecting a decrease of 47.1% from the previous quarter's ₹3.27. Year-over-year, the EPS decreased by 21.0% from ₹2.19 in Q4FY25. Total expenses for Q4FY26 were relatively stable at ₹727.76 crores, showing no significant change from Q3FY26, which recorded expenses of ₹727.55 crores. However, there was a slight increase in total expenses by 2.6% when compared to Q4FY25, which had expenses of ₹709.01 crores. These figures highlight the company's cost management strategies and the impact of varied income levels on overall operating performance.