JM Financial Limited — Updates, 25-10-2024: Press Release

JM Financial Limited reported a consolidated revenue of Rs. 1,211 crore and a PAT of Rs. 232 crore for Q2FY25, marking QoQ increases of 11% and 36%, respectively. Key highlights include a 51% YoY growth in PAT for the Integrated Investment Bank and significant AUM increases across Private Wealth and PMS sectors. The company also saw improvement in mortgage lending and asset management, with increased provisions and strong capital market traction, supported by stable macroeconomic conditions.