JM Financial on Friday reported a 19% year-on-year increase in profit after tax at Rs 232 crore for three months ended Sept. 30, 2024.
The company had posted a profit after tax of Rs 195 crore in the year-ago period.
On a quarter-on-quarter basis, it registered a 36% growth.
Its total income marginally dropped to 1,211 crore in the July-September quarter of the current financial year from Rs 1,214 crore in the same quarter preceding fiscal, JM Financial said in a statement.
However, on a quarter-on-quarter basis, JM Financial's total income rose 11% from Rs 1,094 crore in the three month ended June 2024.
JM Financial is a diversified financial services group and its primary businesses include integrated investment bank, mortgage lending, alternative and distressed credit, asset management, wealth management and securities business.
RECOMMENDED FOR YOU
Cabinet Clears Pune Metro Expansion Worth Nearly Rs 10,000 Crore
FPIs Remain Net Buyers For Four Sessions
Emcure Pharma Shares Slip As Bain Capital Plans Rs 492.7 Crore Stake Sale
Rs 1-Crore Dream Wedding: Here's How Much You Need To Invest Monthly
POPULAR