| Metric | Value (₹ Cr) | vs Q2 FY26 |
|---|---|---|
| Revenue | 999.36 | 3.1% |
| Total Income | 1.1K | 7.8% |
| Expenditure | 704.20 | 0.6% |
| PBT | 400.38 | 16.3% |
| Net Profit | 318.46 | 21.6% |
| OPM | 54.24% | 4.41pp |
| NPM | 28.29% | 3.21pp |
| EPS | 3.27 | 16.0% |
JM Financial Announces Q3FY26 Results: Consolidated PAT at Rs. 313 Crore, YoY Increase of 50%
05 Feb 2026 · 5 Feb, 9:38 pm
Summary
JM Financial Ltd. has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a YoY increase of 50% in Consolidated PAT for Q3FY26 and 69% for 9MFY26. Key highlights for Q3FY26 include a 32% YoY increase in fees and commission income, a 17% YoY increase in Operating PAT, and a 41% YoY increase in wealth management sales and wealth RMs headcount.
Key Highlights
- 1
Fees and commission income increased by 32% YoY to Rs. 306 crore
- 2
Operating PAT increased by 17% YoY to Rs. 244 crore
- 3
Wealth management expansion on track; Sales and wealth RMs headcount increased by 41% YoY to 1,057, addition of 11 branches YoY; recurring AUM up 33% YoY to Rs. 33,144 crore
- 4
Mutual Fund Average AUM for non-liquid schemes increased by 15% YoY to Rs. 12,021 crore
- 5
Affordable Home Loans AUM increased by 23% YoY to Rs. 3,183 crore; customer base crossed 30,000 (YoY increase of 32% to 30,759)
Management Comments
Mr. Vishal Kampani
Our reported PAT has crossed Rs.1,000 crore in the first nine months. The progress on execution of our strategies is encouraging. Private Markets, which provides a natural hedge to volatility in the capital markets business, has witnessed a robust pipeline of syndication transactions and is continuing strong progress in recoveries. The expansion in wealth and asset management business is on track. The teams, products, distribution and reach are increasing. While there was volatility in transactional income, recurring AUMs in wealth management business grew by 33% YoY to Rs. 33,000 crore. The pipeline of launch of alternate investment funds is encouraging. Corporate advisory and capital markets segment has added record number of clients in the last few years and has become a lot more diversified in terms of client revenues. Affordable home loans business continues to remain granular and had a strong quarter with 32% YoY growth in customers and 23% YoY growth in AUM.”
Informational and educational content only. Not investment advice.