JM Financial Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

JM Financial has announced a board meeting on May 12, 2025, approving consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue hit Rs. 1,027 Cr with a PAT of Rs. 235 Cr. The board proposed a dividend of Rs. 2.70 per share, pending AGM approval. Strategically, JM Financial raised its stake in JM Financial Credit Solutions to 97.02% and in JM Financial Asset Reconstruction to 81.77%. The Private Wealth Business was shifted to its wholly-owned arm, JM Financial Services. Mr. Hariharan Ramamurthi Aiyar joined as an additional non-executive director, alongside five senior management hires.