JM Financial Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

JM Financial's board has approved the consolidated financial results for the quarter ending June 30, 2025. The company reported a net profit of Rs. 458.77 Cr and total income of Rs. 1,121.23 Cr.

Key decisions include allotting 3.19 lakh equity shares to employees. JM Financial also acquired the remaining 2.98% of JM Financial Credit Solutions for Rs. 89 Cr, making it a wholly-owned subsidiary. Additionally, its subsidiaries plan to sell a 2.1% stake in JM Financial Home Loans for Rs. 65.50 Cr. The Private Wealth Business was also transferred to a wholly-owned subsidiary for Rs. 8.45 Cr, and operating segments were reclassified.