JM Financial Limited — Updates, 12-05-2025: Press Release
12-05-2025 | 08:33 pm
12-05-2025 | 08:33 pm
JM Financial has announced a board meeting to approve the financial results for the quarter and half-year. The company boosted its stake in JM Financial Credit Solutions to 97% with a Rs. 1,501 Cr investment, streamlining its distressed credit operations. Wholesale credit loans were reduced by over 50% to Rs. 3,570 Cr. Private Wealth AUM rose 11% YoY to Rs. 75,804 Cr, mutual fund AUM doubled to Rs. 13,419 Cr, and retail mortgage lending AUM increased 26% to Rs. 2,832 Cr, driven by branch expansion. Consolidated Q4 revenue stood at Rs. 1,027 Cr with PAT of Rs. 210 Cr.
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