JM Financial Ltd's Q4FY25 Quarter Results
- 13 May 2025
Result Summary
- JM Financial Ltd reported a 13.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 46.5%.
- Its expenses for the quarter were up by 3.9% QoQ and down 9.7% YoY.
- The net profit decreased 425.0% QoQ and decreased 2183.1% YoY.
- The earnings per share (EPS) of JM Financial Ltd declined at 2.4 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1276.12 | 1120.54 | 871.16 | 13.9% | 46.5% |
Total Expenses | 745.70 | 717.49 | 825.49 | 3.9% | -9.7% |
Profit Before Tax | -572.12 | 286.58 | 53.98 | -299.6% | -1159.9% |
Tax | 102.76 | 79.16 | 21.43 | 29.8% | 379.5% |
Profit After Tax | -674.10 | 207.39 | 32.36 | -425.0% | -2183.1% |
Earnings Per Share | -2.40 | 2.20 | 0.60 | -209.1% | -500.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
JM Financial Ltd is a prominent financial services company based in India. It operates primarily in the financial services sector, offering a range of services including investment banking, wealth management, securities trading, and asset management. The company is known for its strong market presence and has been involved in various capital market transactions, mergers, and acquisitions. However, any recent major developments specific to the company since my last update are not available. The company’s focus is typically on delivering comprehensive financial solutions, leveraging its expertise in the Indian financial markets.
Revenue
In the fourth quarter of the fiscal year 2025 (Q4FY25), JM Financial Ltd reported total income of ₹1276.12 crores, which represents a significant increase of 13.9% from the previous quarter (Q3FY25) where it was ₹1120.54 crores. Additionally, there was a substantial year-over-year increase of 46.5% compared to the fourth quarter of the fiscal year 2024 (Q4FY24), where total income was ₹871.16 crores. This indicates a robust growth in revenue over both the quarter and the year, showcasing the company's ability to generate increased income.
Profitability
The financial data indicates that JM Financial Ltd experienced a challenging quarter in terms of profitability. The company reported a loss before tax of ₹572.12 crores in Q4FY25, a stark contrast to the profit of ₹286.58 crores recorded in Q3FY25. This marks a quarter-over-quarter decline of 299.6%. Year-over-year, the profitability has also decreased dramatically from a profit before tax of ₹53.98 crores in Q4FY24, translating to a decline of 1159.9%. The profit after tax for Q4FY25 also reflects this trend with a reported loss of ₹674.10 crores, compared to a profit of ₹207.39 crores in Q3FY25 and ₹32.36 crores in Q4FY24. The earnings per share (EPS) also decreased to a negative ₹2.40 in Q4FY25 from ₹2.20 in Q3FY25 and ₹0.60 in Q4FY24.
Operating Metrics
The total expenses for JM Financial Ltd in Q4FY25 were reported at ₹745.70 crores, indicating a modest increase of 3.9% from Q3FY25, where expenses were ₹717.49 crores. However, when compared to Q4FY24, there is a year-over-year decrease of 9.7% in total expenses, which were ₹825.49 crores. This indicates a reduction in expenses over the year despite a quarterly increase. Tax expenses also saw a rise, with a 29.8% increase from ₹79.16 crores in Q3FY25 to ₹102.76 crores in Q4FY25 and a substantial year-over-year increase of 379.5% from ₹21.43 crores in Q4FY24. These changes in tax and expenses metrics provide insight into the company's operational cost management and tax liabilities.