JM Financial has received an income tax refund of ₹223.32 Crore. This refund is related to a previous order from the Tax Authorities, initially aggregating to ₹230 Crore. The received amount reflects adjustments made by the Tax Authorities. The email intimation confirming the credit to the company’s bank account was received on November 14, 2025.
Tax Refund Received
JM Financial confirms receipt of an income tax refund totaling ₹223.32 Crore. This follows a prior announcement regarding a refund order from the Tax Authorities.
Details of the Refund
The original refund order was for an amount of ₹230 Crore. The received refund of ₹223.32 Crore reflects adjustments made by the Tax Authorities during processing. Confirmation of the credit to JM Financial’s bank account was received on November 14, 2025, at 5:10 p.m. (IST).
Positive Financial Impact
The receipt of this refund is expected to have a positive impact on JM Financial’s financial position.
Source: BSE