JM Financial Limited (NSE:JMFINANCIL)

JM Financial Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest and Dividend Income	17,206	19,283	25,556	20,919	18,507	19,085
Total Interest Expense	10,967	13,049	15,615	11,785	10,817	11,109
Net Interest Income	6,239	6,234	9,941	9,134	7,690	7,977
Brokerage Commission	5,557	5,782	4,919	3,140	3,305	2,566
Other Revenue	20,166	19,261	17,645	9,133	15,718	10,605
Revenue Before Loan Losses	31,962	31,276	32,505	21,407	26,713	21,147
Provision for Loan Losses	-872.1	4,265	5,689	710	3,286	2,584
Revenue	32,834	27,011	26,816	20,697	23,427	18,563
Revenue Growth (YoY)	21.44%	0.73%	29.57%	-11.65%	26.20%	12.25%
Salaries & Employee Benefits	10,095	9,633	7,954	6,223	5,478	4,408
Cost of Services Provided	3,870	3,889	3,382	2,535	185.7	131.8
Other Operating Expenses	2,806	2,856	2,909	1,805	3,763	2,916
Total Operating Expenses	17,437	16,994	14,822	11,173	9,902	7,894
Operating Income	15,398	10,017	11,994	9,524	13,525	10,670
EBT Excluding Unusual Items	15,479	10,033	12,026	9,526	13,525	10,691
Asset Writedown	-56.5	-56.5	-	-0.6	-42.8	-
Gain (Loss) on Sale of Investments	-	-	1.2	-1.2	-	-
Other Unusual Items	-	-	-8,469	-	-	-
Pretax Income	15,431	9,984	3,566	9,528	13,481	10,690
Income Tax Expense	3,800	2,249	3,259	2,439	3,557	2,608
Earnings From Continuing Ops.	11,631	7,736	307.5	7,090	9,924	8,082
Minority Interest in Earnings	-208.1	477.2	3,791	-1,117	-2,192	-2,180
Net Income	11,423	8,213	4,098	5,973	7,732	5,901
Net Income to Common	11,423	8,213	4,098	5,973	7,732	5,901
Net Income Growth	152.79%	100.40%	-31.38%	-22.75%	31.01%	8.29%
Shares Outstanding (Basic)	956	956	955	955	954	930
Shares Outstanding (Diluted)	957	957	956	955	955	933
Shares Change (YoY)	0.06%	0.16%	0.04%	-0.02%	2.39%	10.51%
EPS (Basic)	11.94	8.59	4.29	6.26	8.11	6.34
EPS (Diluted)	11.93	8.58	4.29	6.25	8.09	6.32
EPS Growth	152.54%	100.00%	-31.36%	-22.74%	28.01%	-2.02%
Free Cash Flow	16,906	55,347	35,813	-24,317	-34,751	9,629
Free Cash Flow Per Share	17.66	57.83	37.48	-25.46	-36.37	10.32
Dividend Per Share	-	2.700	2.000	1.800	1.650	0.500
Dividend Growth	-	35.00%	11.11%	9.09%	230.00%	150.00%
Operating Margin	46.90%	37.08%	44.73%	46.02%	57.73%	57.48%
Profit Margin	34.79%	30.41%	15.28%	28.86%	33.00%	31.79%
Free Cash Flow Margin	51.49%	204.90%	133.55%	-117.49%	-148.34%	51.87%
Effective Tax Rate	24.63%	22.52%	91.38%	25.59%	26.38%	24.40%
Revenue as Reported	43,133	44,528	48,322	33,431	37,633	32,266

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.