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JM Financial LimitedInvestor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

04-11-2024 · 12:40 pm

JM Financial Limited held an earnings conference call detailing its Q2 FY25 performance. Key highlights included a 19% year-on-year increase in profit after tax to INR 232 crores on revenues of INR 1,211 crores. The company has shifted focus from wholesale lending to short-term liquidity financing. The RBI has lifted restrictions on the company’s loan against shares business. The Affordable Home Loans AUM reached INR 2,366 crores, with strong growth expected. The management is optimistic about continued growth across various financial segments.

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