The Board of Directors of JM Financial Limited, in their meeting held on May 29, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company announced a final dividend of Rs. 1.75 per share, subject to approval at the upcoming Annual General Meeting scheduled for August 3, 2026. Additionally, the Board re-appointed several Independent Directors and designated new Senior Management Personnel. The financial results for the quarter reflect a consolidated profit before tax of Rs. 243.10 Crore. Compared to the previous quarter (Q3 FY26), the consolidated profit before tax declined from Rs. 421.67 Crore, representing a decrease of 42.35% QoQ. Compared to the corresponding quarter of the previous year (Q4 FY25), where the profit before tax was Rs. 311.42 Crore, the current quarter shows a decrease of 21.94% YoY.

JM Financial is a leading integrated financial services group in India, offering a wide range of services including investment banking, mortgage lending, alternative and distressed credit, and asset and wealth management. The company has been active throughout 2025 in restructuring its business segments to improve operational efficiency and reporting clarity. As of April 1, 2025, the company revised its operating segments into four main reportable categories: Corporate Advisory and Capital Markets, Wealth and Asset Management, Private Markets, and Affordable Home Loans. The company also continues to manage its portfolio across various credit and investment vehicles.

For the year ended March 31, 2026, the company reported a consolidated net profit after tax and share in profit of associates of Rs. 1,201.04 Crore, a significant increase from Rs. 773.59 Crore in the previous fiscal year. During the 2025-26 fiscal year, the company navigated impacts from new Labour Codes, which resulted in a one-time charge accounted for as an exceptional item. The company’s diverse revenue streams, ranging from interest income to brokerage and asset management fees, have allowed it to maintain a robust balance sheet with total consolidated assets valued at Rs. 26,537.22 Crore as of March 31, 2026.