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JM Financial Limited’s net revenue rose 13% to Rs 883 crore for Q2 2026
03-Aug-2026, 03:24
JM Financial Limited announced a consolidated net revenue of Rs 883 crore for the quarter ended June 30, 2026, a 13% year-over-year increase, alongside a 21% year-over-year rise in pre-provision operating profit to Rs 469 crore. The company's distressed credit business reported gross recoveries of over Rs 2,000 crore, with JM Financial Group's share of cashflows exceeding Rs 1,200 crore, while wealth management recurring AUM increased 7% year-over-year to Rs 33,394 crore.
JM Financial Limited announced a consolidated net revenue of Rs 883 crore for the quarter ended June 30, 2026, a 13% year-over-year increase, alongside a 21% year-over-year rise in pre-provision operating profit to Rs 469 crore. The company's distressed credit business reported gross recoveries of over Rs 2,000 crore, with JM Financial Group's share of cashflows exceeding Rs 1,200 crore, while wealth management recurring AUM increased 7% year-over-year to Rs 33,394 crore.