Consolidated PAT for Q3FY26 of Rs. 313 crore, YoY increase of 50%; Consolidated PAT for 9MFY26 of Rs. 1,037 crore, YoY increase of 69%
Key Highlights for Q3 FY26
* Fees and commission incomeincreased by32%YoYtoRs. 306 crore
* OperatingPATincreasedby17%YoYtoRs.244crore
* Wealth management expansion on track; Sales and wealth RMs headcount increased by 41% YoY to1,057,addition of 11 branches YoY; recurring AUM up33% YoYtoRs.33,144crore
* Mutual Fund Average AUM for non-liquid scheme sincreased by 15 % YoY to Rs.12,021 crore.Strong pipeline of launch of alternative investment funds
* Affordable Home Loans AUMincreased by 23% YoY to Rs.3,183crore;customer base crossed 30,000 (YoY increase of 32%to30,759)
* # 1 in IPOs* and closed 37 equity capital market transactions of over ~Rs. 87,000 crore in CY25.Pipelineof transactions is very strong,54 filed IPO transactionsaggregating to ~Rs.121,000 crore(further IPO stobe filedwouldbe additional)
*By number of deals greater than Rs.500 crore
Commenting on the results and financial performance, Mr. Vishal Kampani, Vice Chairman and Managing Director, JM Financial Limited, said,
“Our reported PAT has crossed Rs.1,000 crore in the first nine months. The progress on execution of our strategies is encouraging. Private Markets, which provides a natural hedge to volatility in the capital markets business, has witnessed a robust pipeline of syndication transactions and is continuing strong progress in recoveries. The expansion in wealth and asset management business is on track. The teams, products, distribution and reach are increasing. While there was volatility in transactional income, recurring AUMs in wealth management business grew by 33% YoY to Rs. 33,000 crore. The pipeline of launch of alternate investment funds is encouraging. Corporate advisory and capital markets segment has added record number of clients in the last few years and has become a lot more diversified in terms of client revenues. Affordable home loans business continues to remain granular and had a strong quarter with 32% YoY growth in customers and 23% YoY growth in AUM.”
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