The company posted a net profit of Rs 174.43 crore during the three month period, up from Rs 139.06 crore during the same period last year.
JM Financial | actions
BS Journalist |
Last updated on October 28, 2021 19:46 IST
JM Financial Services on Thursday reported a 25.44 percent increase in net income in the September quarter due to higher commissions from the sale of shares.
The company posted a net profit of Rs 174.43 crore during the three month period, up from Rs 139.06 crore during the same period last year. Revenue for the September quarter jumped 20.67% to Rs 969.49 crore from Rs 803.40 crore in September 2020.
âWe had another strong quarter and the numbers look encouraging, reflecting sustainable growth. We continue to diversify our liability franchise and have successfully completed the public issuance of non-convertible debentures guaranteed by JM Financial Products Limited of Rs 500 crore “said Vishal Kampani. , non-executive vice-president, JM Financial.
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First published: Thu 28 October 2021. 19:46 IST