JM Financial Reports Highest Ever Quarterly Operating PAT with 166% YoY Increase for Q1FY26

JM Financial Limited announced its unaudited financial results for the first quarter ended June 30, 2025, reporting a highest ever operating PAT of Rs. 454 crore, a YoY increase of 166%. The net worth has crossed Rs. 10,000 crore, with a book value per share of approximately Rs. 106.4. The net revenue increased by 22% YoY to Rs. 779 crore, and the pre-provisioning operating profit increased by 22% YoY to Rs. 389 crore. The real estate loan book declined by 56% YoY to Rs. 2,063 crore. JM Financial Asset Reconstruction Company Limited's share of recoveries stood at Rs. 1,368 crore over the last 12 months. Borrowing has reduced by approximately Rs. 4,300 crore in the last one year. JM Financial increased its shareholding in JM Financial Credit Solutions to 100%. Bajaj Allianz Life Insurance Company Limited will acquire 2.1% stake in JM Financial Home Loans for Rs. 5.5 crore, valuing the business at ~Rs. 3,120 crore. The wealth management expansion showed strong execution with a YoY addition of 13 branches, sales and wealth RMs headcount increased by 45% YoY to 947, and recurring AUM is up 37% YoY to Rs. 31,180 crore.