Stock Report

JM Financial Ltd posts Rs. 194.94 crores consolidated net profit in Q2 FY2024

Posted On : 2023-11-05 10:34:53( TIMEZONE : IST )

JM Financial Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1213.96 crores during the period ended September 30, 2023 as compared to Rs. 1081.12 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.9494 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.6590 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.04 for the period ended September 30, 2023 as compared to Rs. 1.74 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 1213.96 crs	₹1081.12 crs	12.29%
Net Profit	₹1.9494 crs	₹1.6590 crs	17.50%
EPS	₹2.04	₹1.74	17.24%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1213.96 crores during the period ended September 30, 2023 as compared to Rs.877.13 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.9494 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.8001 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.04 for the period ended September 30, 2023 as compared to Rs.1.88 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 1213.96 crs	₹877.13 crs	38.40%
Net Profit	₹1.9494 crs	₹1.8001 crs	8.29%
EPS	₹2.04	₹1.88	8.51%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2295.08 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1682.85 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3.6084 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3.5002 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.3.78 for the 6 Months period ended September 30, 2023 as compared to Rs.3.66 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹2295.08 crs	₹1682.85 crs	36.38%
Net Profit	₹3.6084 crs	₹3.5002 crs	3.09%
EPS	₹3.78	₹3.66	3.28%

Shares of JM Financial Limited was last trading in BSE at Rs. 88.76 as compared to the previous close of Rs. 82.85. The total number of shares traded during the day was 1491284 in over 6883 trades.

The stock hit an intraday high of Rs. 91.40 and intraday low of 83.34. The net turnover during the day was Rs. 132221275.00.