JM FINANCIAL LTD.-$

JM Financial Ltd has announced that its Board of Directors will convene on Wednesday, November 4, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the second quarter and the half-year ended September 30, 2026. In line with SEBI regulations, a trading window closure, which began on October 1, 2026, will remain in effect until 48 hours after the public announcement of these financial results. The company has also indicated that this information is available on its website.

JM Financial Credit Solutions Limited (JMFCSL), a wholly owned subsidiary of JM Financial Ltd, has received an allotment of 16,25,85,928 equity shares of ₹10 each, aggregating ₹162.59 crore, on a rights basis. The shares were issued by JM Financial Asset Reconstruction Company Limited (JMFARC), a subsidiary of JMFCSL and a step-down subsidiary of JM Financial Ltd. The rights issue aims to meet JMFARC's working capital requirements, finance growth plans, and for general corporate purposes. Following this investment, JMFCSL's holding in JMFARC increased from 81.77% to 84.87%. JMFARC is an RBI-registered asset reconstruction company involved in acquiring and resolving stressed assets.

JM Financial Ltd has announced the closure of its trading window for equity shares, effective from Thursday, October 1, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code for prevention of insider trading. The trading window will reopen 48 hours after the public announcement of the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ending September 30, 2026. The date of the board meeting to approve these financial results will be communicated separately. This action is a standard regulatory procedure to prevent potential insider trading ahead of financial result disclosures.

JM Financial Ltd has announced the dissolution of its subsidiary, JM Financial Private Wealth, Inc., incorporated in Delaware, USA. The dissolution was effective on November 10, 2025, following the completion of all necessary legal processes in the State of Delaware. This action is in compliance with SEBI Listing Regulations. The company has also uploaded this intimation on its investor relations website.

JM Financial Ltd has been assigned an ESG score of "76" under the "Leader" rating category by NSE Sustainability Ratings & Analytics Limited. This rating is based on data for the financial year 2025-26 and was independently provided by NSE Sustainability, a SEBI registered ESG Rating Provider under Category I, without any prior engagement from the company. The rating reflects the company's performance in Environmental, Social, and Governance aspects. The intimation has been uploaded on the company's website.

JM Financial Ltd has received an ESG rating from Crisil ESG Ratings & Analytics Limited. The company was assigned a 'Crisil ESG 66 Strong Core' rating and a 'Crisil Core ESG 74' rating, based on FY 2025-26 data. Notably, Crisil ESG Ratings independently assigned these ratings based on publicly available information, without prior engagement from JM Financial. The ratings reflect the company's performance in Environmental, Social, and Governance aspects.

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.