Q2FY26 Quarterly Result Announced for JM Financial Ltd. -
JMFINANCIL
Q2FY26 Quarterly Result Announced for JM Financial Ltd. -
JMFINANCIL
Holding company JM Financial announced Q2FY26 results
Highest-ever quarterly fees and commission income at Rs 341 crore, increased by 20% YoY. PAT increased by 16% YoY to Rs 270 crore.
Wealth management expansion on track; Sales and wealth RMs headcount increased by 43% YoY to 1,015, addition of 11 branches YoY; recurring AUM up 26% YoY to Rs 32,021 crore.
Mutual Fund Average AUM increased by 30% YoY to Rs 14,902 crore, SIP flow of ~Rs 115 crore per month (YoY increase of 59%).
Affordable Home Loans AUM increased by 28% YoY to Rs 3,031 crore; customer base has increased by 39% YoY to ~29,000.
#1 in IPOs (in terms of value), closed 15 capital market transactions amounting to ~Rs 28,000 crore in Q2FY26. Pipeline of transactions is very strong, 56 filed IPO transactions aggregating to ~Rs 120,000 crore (further IPOs to be filed would be additional).
All this is for information.
This is not a buy/sell reommendation.
thank you,
technofunda24