On August 3, 2026, JM Financial Limited released its consolidated statement of profit and loss for the quarter ended June 30, 2026, as per the exchange filings.
The company reported a total income of ₹1,224.66 crore and net profit of ₹368.74 crore for the quarter ended June 30, 2026.
In the June 2026 quarter, JM Financial Limited total income increased by 9.2% year-on-year (YoY) to ₹1,224.66 crore, compared to ₹1,121.23 crore in the same quarter of the previous year.
Additionally, there was a 26.4% quarter-on-quarter (QoQ) growth from ₹969.21 crore in the March 2026 quarter.
However, the net profit (PAT) for the quarter saw a decline of 19.4% YoY, amounting to ₹368.74 crore, down from ₹457.58 crore in the corresponding quarter last year.
Despite this YoY decrease, the net profit showed a significant improvement of 131.4% QoQ, rising from ₹159.36 crore in the March 2026 quarter.
For the financial year 2026, JM Financial Limited's total income stood at ₹4,260.59 crore. The net profit (PAT) for the year was reported at ₹1,176.88 crore. These figures provide a comprehensive view of the company's annual financial performance, reflecting its operational outcomes over the fiscal year.
The private markets vertical, specifically the distressed credit asset reconstruction company (ARC) division, recorded one of its most successful quarters.
The segment delivered strong assets resolution and substantial cash inflows that provided a strong cushion against broader capital market volatility.
Total gross recoveries from distressed credit assets crossed over ₹2,000 crore during the three-month period. Out of these aggregate recoveries, the JM Financial Group’s proportional share of cashflows exceeded ₹1,200 crore.
By the end of June 2026, the total assets under management within the distressed credit business consolidated at approximately ₹11,200 crore.
The wealth management segment maintained steady volume traction across both advisory and credit asset books. Recurring wealth assets under management expanded by 7% year-on-year to reach ₹33,394 crore.
Concurrently, the segment's underlying margin lending loan book grew by 43% year-on-year to stand at ₹2,417 crore.
Within the asset management vertical, the mutual fund business saw its average assets under management for non-liquid schemes soften slightly to ₹10,521 crore, compared to ₹11,219 crore in the corresponding quarter of the previous fiscal year.
The retail mortgage arm accelerated its physical and financial footprint to tap rising affordable housing demand. Quarterly lending disbursements experienced an explosive expansion, surging 87% year-on-year to reach ₹360 crore.
This aggressive lending drive pushed the segment's total assets under management up by 28% year-on-year to settle at ₹3,715 crore.
Operational scaling was supported by the physical addition of 23 branches year-on-year, helping the total active affordable home loan customer base expand by 31% to reach 35,655 clients.
The corporate advisory division successfully executed large-scale investment banking mandates despite fluctuating capital market sentiment.
The firm closed 9 core capital market transactions with a cumulative deal value of approximately ₹22,000 crore during Q1 FY27. Management noted that the forward-looking deal pipeline remains highly robust.
The firm has already filed 60 initial public offering (IPO) draft documents representing a massive aggregate deal pipeline of approximately ₹1,500 crore, excluding the massive filed IPO transactions of Jio Platforms Limited and the National Stock Exchange of India Limited.
The group preserved an under-leveraged and capital-sufficient balance sheet structure to fund future business scaling. The consolidated net worth grew 7% year-on-year to reach ₹10,899 crore, supporting a comfortable book value per share of ₹113.90.
The group managed its leverage conservatively, keeping its aggregate debt-to-equity ratio stable at 1.0x while retaining cash and cash equivalents worth ₹3,814 crore.
Read More: Shadowfax Q1 FY27 Results: Revenue Jumps 65% YoY, Net Profit Hits Record ₹65 Crore!
As of August 03, 2026, at 3:30 PM, JM Financial share price on NSE was closed at ₹120.89, down by 1.04% from the previous closing price.
JM Financial Limited's Q1 2026 results show a 9.2% YoY increase in total income to ₹1,224.66 crore, and a 19.4% YoY decline in net profit to ₹368.74 crore, with a 131.4% QoQ profit rise.
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Published on: Aug 3, 2026, 4:18 PM IST
Team Angel One
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