JM FINANCIAL LTD.-$

JM Financial Ltd has received an ESG score of "69 (Strong)" from ESG Risk Assessments & Insights Limited (ESG Risk.ai), a SEBI registered ESG Rating Provider. The rating is based on data for FY 2025-26. Notably, JM Financial did not engage ESG Risk.ai for this rating; it was independently assigned based on publicly available information. The company has uploaded this intimation on its website.

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.

JM Financial Limited announced its Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 3, 2026. The financial results have been reviewed by the Audit Committee and a Limited Review Report has been received from the statutory auditors, KKC & Associates LLP. The results are available on the company's website.

JM Financial reported consolidated PAT of ₹368.57 Cr for Q1 FY27, down 19.7% from ₹458.77 Cr a year ago but sharply higher sequentially (₹161.92 Cr in Q4 FY26). The headline YoY drop is almost entirely a base effect: Q1 FY26 carried a ~₹204.45 Cr impairment WRITE-BACK on financial instruments (a negative charge that inflated that quarter's profit 166% YoY), whereas this quarter books a normal ₹13.57 Cr impairment charge. Adjusting both sides for that one-off, underlying group profit grew roughly +22% YoY. Revenue from operations rose 8.0% YoY and 26.5% QoQ to ₹1,200.53 Cr; reported net margin of ~30.7% is down from ~40.9% a year ago (the write-back-flattered base) but well up from 16.7% last quarter. The sequential recovery was driven by Private Markets, where segment revenue jumped to ₹596.21 Cr (from ₹293.93 Cr QoQ) and segment result rebounded to ₹370.34 Cr (from ₹117.52 Cr) — back to roughly the ₹377.37 Cr it earned a year ago. Because much of that profit sits in a part-owned credit subsidiary, non-controlling interest ballooned to ₹76.65 Cr (from ₹4.96 Cr), so profit attributable to owners was only ₹291.92 Cr and basic EPS came in at ₹3.05 (vs ₹4.75 YoY) — the owners' line fell ~36% YoY, a wider gap than the group number and one readers will see reflected in EPS. The mix contradicts management's prior-call framing in one respect and confirms it in another. Corporate Advisory & Capital Markets — described on the Feb concall as 'exceptionally strong' with a robust deal pipeline — was the soft spot: segment revenue fell to ₹138.20 Cr (from ₹215.49 Cr YoY) and result to ₹37.34 Cr (from ₹96.13 Cr). Conversely, Wealth & Asset Management result eased to ₹17.29 Cr (from ₹43.82 Cr), consistent with guidance that continued investment through CY2026 would temper near-term profitability. Affordable Home Loans result was steady at ₹22.74 Cr. No formal quarterly guidance or Street consensus is on record for this print, and no company press release was issued alongside the numbers. On corporate actions, Chirag Negandhi resigned as a senior management person (Jul 23) and the board had earlier recommended a ₹1.75 final dividend, with the 41st AGM held today. Standalone results (holding company) collapsed to ₹2.50 Cr PAT from ₹133.45 Cr, driven by the absence of the ₹135.93 Cr fair-value gain booked a year ago — not indicative of operating trend and secondary to the consolidated picture.

JM Financial Ltd announced that Mr. Chirag Negandhi has ceased to be a Senior Management Person (SMP) of the company, effective July 23, 2026. This cessation is consequent to his resignation letter dated July 22, 2026, citing personal reasons. The company has provided details as per SEBI Listing Regulations and the Master Circular dated January 30, 2026. The resignation was accepted, and Mr. Negandhi expressed gratitude for the opportunities and guidance during his tenure.

JM Financial Ltd announced that its Board of Directors will convene on August 3, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The trading window for the company's equity shares, which closed on July 1, 2026, will remain shut until 48 hours after the public announcement of these results. The company has also uploaded this intimation on its website.

JM Financial Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This report, which is part of the company's 41st Annual Report, details its commitment to environmental, social, and governance (ESG) principles. The BRSR is available on the company's website and has undergone reasonable assurance for core indicators by SGS India Private Limited. The report outlines JM Financial's business activities, including investment banking and portfolio management services, and its operational footprint across India. It also provides employee statistics as of March 31, 2026.

JM Financial Limited has announced its 41st Annual General Meeting (AGM) scheduled for August 3, 2026. The company has also released its Annual Report for the financial year 2025-26, which includes the Business Responsibility and Sustainability Report. The report details the company's performance, corporate overview, business segment review, sustainability initiatives, and financial statements. The Annual Report is available on the company's website and is being sent electronically to shareholders. JM Financial highlights sustained growth in FY26, strengthened foundations, expanded reach, and deepened client relationships, while navigating a dynamic operating environment with a focus on purpose-driven progress and value creation.

JM Financial Ltd has released its Annual Report for the financial year 2025-26, including the Business Responsibility and Sustainability Report. The report details the company's performance, corporate overview, business segment review, sustainability initiatives, and financial statements. It highlights sustained growth, strengthened foundations, expanded reach, and deepened client relationships during FY26. The company emphasizes its purpose-driven approach, commitment to values, and a culture of learning and innovation. The Annual Report is available on the company's website and is being disseminated electronically to shareholders.

JM Financial Ltd has announced the closure of its trading window effective Wednesday, July 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code for preventing insider trading. The trading window will reopen 48 hours after the public announcement of the Unaudited Standalone and Consolidated Financial Results for the first quarter ending June 30, 2026. The date of the board meeting to approve these financial results will be communicated separately.