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JM Financial Ltd consolidated sales up 26.37% on year in Q2FY2026, net profit surged by 131.39%

(17-Aug-26   17:52)

JM Financial Ltd share price declined by 2.17% to Rs 126.45. The Company's net profit jumped 131.39% to Rs 368.74 crore, while revenue from operations gained significantly 26.37% to Rs 1196.0 crore in Q2FY26 over Q1FY26. The market capitalization of Holding Company industry group stocks on BSE stood at Rs 4.49 lakh crore, declining 0.40%. It has eased by 0.12% over last one week and advanced by 13.78% in last one month while the market capitalization of JM Financial Ltd has slipped by 0.59% and 2% in the same period respectively. Profit before tax (PBT) of JM Financial Ltd stood at Rs 455.54 crore in Q2 FY26, plunging by 23.12% year-on-year, and jumping 87.39% quarter-on-quarter. EBITDA came in at Rs 429 crore, tumbling by 27.16% YoY and rallying 90.78% sequentially. Total expenses inched up 5.92% to Rs 769.12 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 296.46 crore, witnessing a strong rise of 48.59% YoY. For the TTM ended FY26, revenue from operations declined slightly by 6.39% to Rs 4043.2 crore, while net profit soared by 52.45% to Rs 1176.88 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 92380% to Rs 1341.11 crore, and PBT surged 58.54% to Rs 1580.43 crore compared to previous TTM. JM Financial Ltd plunged by 32% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.21% during the same period.