JM Financial Q1FY27 Revenue Up 13% to ₹883 Cr, Profit Before Provisions Up 21%
JM Financial Limited reported its financial results for the first quarter ended June 30, 2026. The company announced a consolidated net revenue of ₹883 crores, a 13% year-over-year increase. Pre-provision operating profit saw a significant 21% YoY jump to ₹469 crores. PAT (ex-provisions) before NCI increased by 24% YoY to ₹379 crores. The ARC business had a strong quarter with gross recoveries over ₹2,000 crores. Wealth management recurring AUM grew 7% YoY to ₹33,394 crores, and the loan book increased by 43% YoY to ₹2,417 crores. The affordable home loans business showed robust growth with disbursements up 87% YoY to ₹360 crores. JM Financial closed 9 capital market transactions valued at approximately ₹22,000 crores in Q1FY27, with a strong pipeline of IPO transactions.
Key Highlights
- Net Revenue increased 13% YoY to ₹883 crores in Q1FY27.
- Pre-provision operating profit rose 21% YoY to ₹469 crores.
- ARC business saw strong resolutions and over ₹1,200 crores cashflows.
- Wealth management AUM up 7% YoY; loan book up 43% YoY.
- Capital markets closed 9 transactions worth ~₹22,000 crores.
Price Impact
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