JM Financial Q3 FY26 Profit Surges Despite Labour Code Impact

JM Financial reported strong financial results for Q3 FY26, with a net profit of ₹318.46 crore, driven by robust performance across segments. The company’s total income reached ₹1,125.87 crore. Despite facing an impact from new Labour Codes, JM Financial showcased resilience and growth in its core business operations. The Board has approved these unaudited financial results.

Q3 FY26 Financial Performance

JM Financial announced its unaudited consolidated financial results for the third quarter (Q3) and the nine months ending December 31, 2025. Key highlights from the announcement:

  • The company’s total revenue from operations reached ₹999.36 crore.
  • Net profit for the period stood at ₹318.46 crore, showcasing strong financial health.
  • Basic EPS stood at ₹3.27.

Segment-Wise Performance

JM Financial’s diverse business segments contributed significantly to the overall financial performance:

  • Corporate Advisory and Capital Markets generated revenue of ₹238.96 crore with a profit of ₹116.62 crore.
  • Wealth and Asset Management reported revenue of ₹350.51 crore and a profit of ₹7.94 crore.
  • Private Markets recorded revenue of ₹327.16 crore with a profit of ₹146.01 crore.
  • Affordable Home Loans reported revenue of ₹117.65 crore and a profit of ₹30.90 crore.

Impact of New Labour Codes

The company has accounted for the impact of the new Labour Codes under ‘Exceptional item’, amounting to ₹21.29 crore, in its consolidated financial results, recognizing the statutory implications and non-recurring nature of this development.

Standalone Financial Results

The standalone results also reflected positive performance. Key figures include:

  • Total Income: ₹436.76 crore
  • Net Profit: ₹288.13 crore
  • Basic EPS: ₹3.01

The Board of Directors approved these results at a meeting held on February 5, 2026.

Source: BSE

Previous Article

PG Electroplast Q3 FY'26 Revenue Jumps 46% to INR 1,412 Crores

Next Article

Embassy Developments Subsidiary, Ariston Investments, Dissolved