| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,201 | 1,111 | +8.0% |
| EBITDA | 700 | 850 | −17.7% |
| EBITDA margin | 58.3% | 76.5% | −18.2 pts |
| Profit before tax | 456 | 593 | −23.1% |
| Net profit | 369 | 459 | −19.7% |
| EPS | ₹3.05 | ₹4.75 | −35.8% |
| Tap a line for its trend | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Q2 FY24Sep 2023 | Earlier quartersAlpha Plus |
|---|
| 1,201 | 949 | 999 | 1,031 | 1,111 | 1,004 | 1,106 | 1,191 | 1,077 | 1,261 | 1,236 | 1,197 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 24.1 | 20.1 | 127 | 13.0 | 9.9 | 23.3 | 14.4 | 20.7 | 16.8 | 15.4 | 25.0 | 16.6 | ||
| 1,225 | 969 | 1,126 | 1,044 | 1,121 | 1,027 | 1,121 | 1,211 | 1,094 | 1,276 | 1,261 | 1,214 | ||
Expenses | |||||||||||||
| 296 | 200 | 285 | 271 | 299 | 220 | 221 | 292 | 231 | 120 | 246 | 236 | ||
| 247 | 246 | 248 | 254 | 251 | 274 | 318 | 343 | 370 | 407 | 400 | 388 | ||
| 22.1 | 22.1 | 20.4 | 19.2 | 16.7 | 16.3 | 16.4 | 14.9 | 16.2 | 14.2 | 13.7 | 13.2 | ||
| 95.4 | 121 | 86.4 | 81.6 | 76.0 | 111 | 82.3 | 91.4 | 71.2 | 113 | 135 | 172 | ||
| 769 | 726 | 704 | 700 | 529 | 716 | 834 | 1,058 | 849 | 1,001 | 844 | 936 | ||
| 700 | — | 563 | 605 | 850 | — | — | — | — | — | — | — | ||
| 678 | — | 543 | 586 | 834 | — | — | — | — | — | — | — | ||
Profit | |||||||||||||
| 456 | 243 | 422 | 344 | 593 | 311 | 287 | 154 | 245 | 275 | 417 | 278 | ||
| 0.0 | 0.0 | −21.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −847 | 0.0 | 0.0 | ||
| 456 | 243 | 400 | 344 | 593 | 311 | 287 | 154 | 245 | −572 | 417 | 278 | ||
| 119 | 53.6 | 83.7 | 66.1 | 82.4 | 65.1 | 92.9 | 82.6 | 58.0 | 86.4 | 76.3 | 92.7 | ||
| −32.4 | 30.1 | 11.7 | 23.4 | 52.6 | 11.3 | −13.7 | −72.8 | 1.5 | 16.4 | 19.2 | −20.3 | ||
| 86.8 | 83.7 | 95.4 | 89.5 | 135 | 76.4 | 79.2 | 9.8 | 59.5 | 103 | 95.6 | 72.4 | ||
| −0.2 | 2.6 | 13.5 | 7.0 | 1.2 | 0.0 | −0.0 | 0.4 | 1.2 | 0.8 | 0.8 | 0.4 | ||
| 369 | 162 | 318 | 262 | 459 | 235 | 207 | 144 | 187 | −674 | 322 | 206 | ||
| 369 | 159 | 305 | 255 | 458 | 235 | 207 | 144 | 186 | −675 | 322 | 206 | ||
| −0.7 | 17.4 | 2.8 | 6.7 | −0.2 | 0.2 | 3.7 | −0.7 | −0.5 | −0.4 | −0.2 | 1.7 | ||
| 368 | 179 | 321 | 269 | 459 | 235 | 211 | 144 | 186 | −675 | 322 | 208 | ||
| 292 | 165 | 313 | 270 | 454 | 210 | 209 | 232 | 171 | −229 | 278 | 195 | ||
| 76.7 | −3.4 | 5.7 | −8.1 | 5.0 | 25.5 | −1.5 | −88.0 | 16.3 | −445 | 44.7 | 11.0 | ||
Per share | |||||||||||||
| ₹3.05 | ₹1.73 | ₹3.27 | ₹2.82 | ₹4.75 | ₹2.19 | ₹2.19 | ₹2.43 | ₹1.79 | −₹2.39 | ₹2.91 | ₹2.04 | ||
| ₹3.05 | ₹1.73 | ₹3.27 | ₹2.82 | ₹4.74 | ₹2.19 | ₹2.18 | ₹2.43 | ₹1.79 | −₹2.39 | ₹2.91 | ₹2.04 | ||
Revenue detail — as filed | |||||||||||||
| 200 | 238 | 306 | 341 | 232 | 316 | 231 | 284 | 188 | 323 | 296 | 276 | ||
| 381 | 113 | 138 | 109 | 211 | 156 | 268 | 156 | 155 | 100 | 131 | 148 | ||
| 15.5 | 24.9 | 22.4 | 15.1 | 11.3 | 8.3 | 15.7 | 0.7 | 14.9 | 1.1 | 0.6 | 0.1 | ||
| 181 | — | — | — | — | 135 | — | — | — | — | — | — | ||
Expense detail — as filed | |||||||||||||
| 95.1 | 139 | 87.9 | 82.0 | 90.9 | 88.2 | 80.2 | 87.4 | 87.2 | 91.1 | 0.0 | 0.0 | ||
| 13.6 | −1.7 | −23.4 | −7.7 | −204 | 6.8 | 116 | 229 | 72.5 | 256 | 48.6 | 127 | ||
Other comprehensive income — detail | |||||||||||||
| −0.7 | 17.4 | 2.8 | 6.7 | −0.2 | 0.2 | 3.7 | −0.7 | −0.5 | −0.4 | −0.2 | 1.7 | ||
| −0.3 | 5.1 | −0.7 | −3.2 | −0.6 | 0.3 | −1.4 | −2.7 | −0.9 | −1.4 | −0.6 | −1.2 | ||
| −0.1 | 1.3 | −0.2 | −0.8 | −0.2 | 0.1 | — | — | — | — | — | — | ||
| — | — | — | — | — | — | −0.3 | −0.7 | −0.2 | −0.4 | −0.2 | −0.3 | ||
| −0.5 | 13.6 | 3.3 | 9.1 | 0.3 | 0.0 | 4.7 | 1.3 | 0.1 | 0.6 | 0.3 | 2.7 | ||
| 291 | 183 | 316 | 277 | 454 | 210 | 213 | 232 | 170 | −229 | 278 | 197 | ||
| 76.6 | −3.3 | 5.6 | −8.2 | 4.9 | 25.6 | −1.6 | −88.1 | 16.2 | −446 | 44.6 | 10.9 | ||
Per share — as-filed variants | |||||||||||||
| ₹3.05 | ₹1.73 | ₹3.27 | ₹2.82 | ₹4.75 | ₹2.19 | ₹2.19 | ₹2.43 | ₹1.79 | −₹2.39 | ₹2.91 | ₹2.04 | ||
| ₹3.05 | ₹1.73 | ₹3.27 | ₹2.82 | ₹4.74 | ₹2.19 | ₹2.18 | ₹2.43 | ₹1.79 | −₹2.39 | ₹2.91 | ₹2.04 | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 456 | 243 | 422 | 344 | 593 | 311 | 287 | 154 | 245 | 275 | 417 | 278 | ||
| 0.0 | 0.0 | −21.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −847 | 0.0 | 0.0 | ||
| 369 | 162 | 335 | 262 | 459 | 235 | 207 | 144 | 187 | 173 | 322 | 206 | ||
| ₹3.05 | ₹1.73 | ₹3.44 | ₹2.82 | ₹4.75 | ₹2.19 | ₹2.19 | ₹2.43 | ₹1.79 | ₹0.61 | ₹2.91 | ₹2.04 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q2 FY24 30/09/2023 | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,197.4 | 1,236.0 | 1,260.7 | 1,077.1 | 1,190.5 | 1,106.1 | 1,003.9 | 1,111.3 | 1,031.3 | 999.4 | 949.1 | 1,200.5 | |
| Other Income | 16.6 | 25.0 | 15.4 | 16.8 | 20.7 | 14.4 | 23.3 | 9.9 | 13.0 | 126.5 | 20.1 | 24.1 | |
| Total Income | 1,214.0 | 1,261.0 | 1,276.1 | 1,093.9 | 1,211.2 | 1,120.5 | 1,027.2 | 1,121.2 | 1,044.3 | 1,125.9 | 969.2 | 1,224.7 | |
| Expenses | |||||||||||||
| + Employee Benefit Expense | 236.0 | 246.0 | 120.0 | 231.3 | 291.8 | 220.6 | 219.6 | 298.7 | 270.6 | 285.1 | 199.5 | 296.5 | |
| + Finance Costs | 388.1 | 400.3 | 407.3 | 370.2 | 343.1 | 318.0 | 273.6 | 250.9 | 254.2 | 247.8 | 246.3 | 246.6 | |
| + Depreciation & Amortisation | 13.2 | 13.7 | 14.2 | 16.2 | 14.9 | 16.4 | 16.3 | 16.7 | 19.2 | 20.4 | 22.1 | 22.1 | |
| + Other Expenses | 171.9 | 135.3 | 113.1 | 71.2 | 91.4 | 82.3 | 111.3 | 76.0 | 81.6 | 86.4 | 121.0 | 95.4 | |
| Total Expenses | 936.0 | 843.8 | 1,001.4 | 848.6 | 1,057.6 | 834.0 | 715.8 | 528.7 | 699.9 | 704.2 | 726.1 | 769.1 | |
| EBITDA | — | — | — | — | — | — | — | 850.2 | 604.8 | 563.4 | — | 700.0 | |
| EBIT | — | — | — | — | — | — | — | 833.6 | 585.6 | 543.0 | — | 678.0 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 277.9 | 417.1 | 274.7 | 245.3 | 153.6 | 286.6 | 311.4 | 592.6 | 344.4 | 421.7 | 243.1 | 455.5 | |
| + Exceptional Items | 0.0 | 0.0 | -846.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -21.3 | 0.0 | 0.0 | |
| Pretax Income | 277.9 | 417.1 | -572.1 | 245.3 | 153.6 | 286.6 | 311.4 | 592.6 | 344.4 | 400.4 | 243.1 | 455.5 | |
| + Current Tax | 92.7 | 76.3 | 86.4 | 58.0 | 82.6 | 92.9 | 65.1 | 82.4 | 66.1 | 83.7 | 53.6 | 119.2 | |
| + Deferred Tax | -20.3 | 19.2 | 16.4 | 1.5 | -72.8 | -13.7 | 11.3 | 52.6 | 23.4 | 11.7 | 30.1 | -32.4 | |
| Tax Expense | 72.4 | 95.6 | 102.8 | 59.5 | 9.8 | 79.2 | 76.4 | 135.0 | 89.5 | 95.4 | 83.7 | 86.8 | |
| + Share of Associates & JVs | 0.4 | 0.8 | 0.8 | 1.2 | 0.4 | -0.0 | 0.0 | 1.2 | 7.0 | 13.5 | 2.6 | -0.2 | |
| Net Income | 205.9 | 322.4 | -674.1 | 187.0 | 144.2 | 207.4 | 235.0 | 458.8 | 261.9 | 318.5 | 161.9 | 368.6 | |
| + Net Income — Continuing Ops | 205.5 | 321.6 | -674.9 | 185.8 | 143.8 | 207.4 | 235.0 | 457.6 | 254.9 | 305.0 | 159.4 | 368.7 | |
| + Other Comprehensive Income | 1.7 | -0.2 | -0.4 | -0.5 | -0.7 | 3.7 | 0.2 | -0.2 | 6.7 | 2.8 | 17.4 | -0.7 | |
| Total Comprehensive Income | 207.7 | 322.2 | -674.5 | 186.5 | 143.5 | 211.1 | 235.2 | 458.6 | 268.6 | 321.2 | 179.4 | 367.8 | |
| Net Income to Common | 194.9 | 277.7 | -228.7 | 170.7 | 232.2 | 208.9 | 209.5 | 453.8 | 270.0 | 312.8 | 165.4 | 291.9 | |
| Minority Interest | 11.0 | 44.7 | -445.4 | 16.3 | -88.0 | -1.5 | 25.5 | 5.0 | -8.1 | 5.7 | -3.4 | 76.7 | |
| Per Share | |||||||||||||
| Basic EPS | 2.04 | 2.91 | -2.39 | 1.79 | 2.43 | 2.19 | 2.19 | 4.75 | 2.82 | 3.27 | 1.73 | 3.05 | |
| Diluted EPS | 2.04 | 2.91 | -2.39 | 1.79 | 2.43 | 2.18 | 2.19 | 4.74 | 2.82 | 3.27 | 1.73 | 3.05 | |
| Revenue Detail — as filed | |||||||||||||
| + Fees & Commission Income | 275.8 | 296.2 | 322.8 | 188.1 | 284.3 | 231.1 | 315.7 | 232.0 | 341.2 | 306.1 | 237.8 | 199.8 | |
| + Net Gain on Fair Value Changes | 147.9 | 131.4 | 100.0 | 154.5 | 156.4 | 268.4 | 156.1 | 211.1 | 108.9 | 138.0 | 112.8 | 381.4 | |
| + Net Gain on Derecognition — Amortised Cost | 0.1 | 0.6 | 1.1 | 14.9 | 0.7 | 15.7 | 8.3 | 11.3 | 15.1 | 22.4 | 24.9 | 15.5 | |
| + Other Operating Revenue | — | — | — | — | — | — | 134.7 | — | — | — | — | 181.3 | |
| Expense Detail — as filed | |||||||||||||
| + Fees & Commission Expense | 0.0 | 0.0 | 91.1 | 87.2 | 87.4 | 80.2 | 88.2 | 90.9 | 82.0 | 87.9 | 138.9 | 95.1 | |
| + Impairment on Financial Instruments | 126.9 | 48.6 | 255.7 | 72.5 | 229.0 | 116.5 | 6.8 | -204.5 | -7.7 | -23.4 | -1.7 | 13.6 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | 1.7 | -0.2 | -0.4 | -0.5 | -0.7 | 3.7 | 0.2 | -0.2 | 6.7 | 2.8 | 17.4 | -0.7 | |
| + Items NOT to be Reclassified to P&L | -1.2 | -0.6 | -1.4 | -0.9 | -2.7 | -1.4 | 0.3 | -0.6 | -3.2 | -0.7 | 5.1 | -0.3 | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | — | 0.1 | -0.2 | -0.8 | -0.2 | 1.3 | -0.1 | |
| + Tax on Items NOT to be Reclassified — alt tag | -0.3 | -0.2 | -0.4 | -0.2 | -0.7 | -0.3 | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | 2.7 | 0.3 | 0.6 | 0.1 | 1.3 | 4.7 | 0.0 | 0.3 | 9.1 | 3.3 | 13.6 | -0.5 | |
| Comprehensive Income — Owners of Parent | 196.8 | 277.5 | -229.0 | 170.3 | 231.6 | 212.7 | 209.6 | 453.7 | 276.8 | 315.6 | 182.6 | 291.2 | |
| Comprehensive Income — Non-controlling Interests | 10.9 | 44.6 | -445.5 | 16.2 | -88.1 | -1.6 | 25.6 | 4.9 | -8.2 | 5.6 | -3.3 | 76.6 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 2.04 | 2.91 | -2.39 | 1.79 | 2.43 | 2.19 | 2.19 | 4.75 | 2.82 | 3.27 | 1.73 | 3.05 | |
| Diluted EPS — Continuing Operations | 2.04 | 2.91 | -2.39 | 1.79 | 2.43 | 2.18 | 2.19 | 4.74 | 2.82 | 3.27 | 1.73 | 3.05 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 277.9 | 417.1 | 274.7 | 245.3 | 153.6 | 286.6 | 311.4 | 592.6 | 344.4 | 421.7 | 243.1 | 455.5 | |
| − Exceptional Items (reconciliation) | 0.0 | 0.0 | -846.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -21.3 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | 205.9 | 322.4 | 172.8 | 187.0 | 144.2 | 207.4 | 235.0 | 458.8 | 261.9 | 334.7 | 161.9 | 368.6 | |
| EPS Adj | 2.04 | 2.91 | 0.61 | 1.79 | 2.43 | 2.19 | 2.19 | 4.75 | 2.82 | 3.44 | 1.73 | 3.05 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Interest Earned | 632.1 | 674.8 | 666.5 | 553.7 | 532.6 | 452.9 | 389.1 | 489.4 | 389.3 | 380.3 | 393.2 | 422.5 | |
| Paid Up Equity Capital | 95.5 | 95.6 | 95.6 | 95.6 | — | 95.6 | 95.6 | 95.6 | 95.6 | 95.6 | 95.6 | 95.7 | |
JM Financial (NSE: JMFINANCIL) will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, according to the board-meeting notice it filed on 6 October 2026, which also lists a dividend. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit attributable to shareholders was ₹292 crore, down 35.7% from ₹454 crore in Q1 FY26 and up 76.5% from ₹165 crore in Q4 FY26. Revenue from operations was ₹1,201 crore, up 8.0% year on year and up 26.5% from the previous quarter.
On 4 November 2026, the date of the board meeting called to approve them (notice filed with the exchanges on 6 October 2026). Last year it reported Q2 FY26 on 6 November 2025.
Consolidated net profit attributable to shareholders was ₹292 crore, down 35.7% from ₹454 crore in Q1 FY26 and up 76.5% from ₹165 crore in Q4 FY26. Revenue from operations was ₹1,201 crore, up 8.0% year on year and up 26.5% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹1,202 crore in FY26 (April 2025–March 2026), up 46.3% from ₹821 crore in FY25. It was ₹410 crore in FY24 and ₹597 crore in FY23: up 101.2% over three years, 26.3% a year on average.
With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit attributable to shareholders was ₹270 crore and revenue from operations ₹1,031 crore. The latest quarter, Q1 FY27, had a net profit of ₹292 crore and revenue of ₹1,201 crore.
Net profit attributable to shareholders by quarter: ₹270 crore in Q2 FY26, ₹313 crore in Q3 FY26, ₹165 crore in Q4 FY26 and ₹292 crore in Q1 FY27. That is ₹1,040 crore over the four quarters, down 5.8% from ₹1,104 crore in the four quarters before. Revenue from operations: ₹1,031 crore, ₹999 crore, ₹949 crore and ₹1,201 crore.
Revenue from operations was ₹4,091 crore in FY26 (April 2025–March 2026), down 6.5% from ₹4,378 crore in FY25. It was ₹4,761 crore in FY24 and ₹3,265 crore in FY23: up 25.3% over three years, 7.8% a year on average.
From JM Financial's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.