JM financial soars on reporting consolidated net profit of Rs 235.01 crore in Q4
JM Financial is currently trading at Rs. 110.90, up by 5.25 points or 4.97% from its previous closing of Rs. 105.65 on the BSE.
The scrip opened at Rs. 109.90 and has touched a high and low of Rs. 116.55 and Rs. 109.90 respectively. So far 1078898 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 168.85 on 21-Oct-2024 and a 52 week low of Rs. 69.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 116.55 and Rs. 94.75 respectively. The current market cap of the company is Rs. 10590.74 crore.
The promoters holding in the company stood at 56.50%, while Institutions and Non-Institutions held 24.56% and 18.95% respectively.
JM financial has reported over 4-fold jump in its net profit at Rs 134.55 crore for the quarter under review as compared to Rs 27.47 crore for the same quarter in the previous year. Total income of the company increased by 33.14% at Rs 256.50 crore for Q4FY25 as compared Rs 192.65 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit of Rs 235.01 crore for fourth quarter ended March 31, 2025 as compared to net loss of Rs 674.88 crore for the same quarter in the previous year. However, the total income of the company decreased by 19.51% at Rs 1027.21 crore for Q4FY25 as compared Rs 1276.12 crore for the corresponding quarter previous year.
For the year ended March 31, 2025, the company has reported 74.01% jump in its net profit at Rs 538.74 crore as compared to Rs 309.60 crore for the previous year. The total income of the company increased by 26.43% at Rs 1037.27 crore for year under review as compared to Rs 820.41 crore for year ended March 31, 2024.
For the year ended March 31, 2025, on the consolidated basis, the company has reported many folds jump in its net profit of Rs 772.00 crore as compared to Rs 27.52 crore for the previous year. However, the total income of the company decreased by 7.85% at Rs 4452.83 crore for year under review as compared to Rs 4832.16 crore for year ended March 31, 2024.
