JM Financial Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Interest and Dividend Income	16,481	19,283	25,556	20,919	18,507	19,085
Total Interest Expense	10,265	13,049	15,615	11,785	10,817	11,109
Net Interest Income	6,215	6,234	9,941	9,134	7,690	7,977
Brokerage Commission	5,770	5,782	4,919	3,140	3,305	2,566
Other Revenue	20,732	19,261	17,645	9,133	15,718	10,605
Revenue Before Loan Losses	32,717	31,276	32,505	21,407	26,713	21,147
Provision for Loan Losses	-2,270	4,265	5,689	710	3,286	2,584
Revenue	34,988	27,011	26,816	20,697	23,427	18,563
Revenue Growth (YoY)	35.73%	0.73%	29.57%	-11.65%	26.20%	12.25%
Salaries & Employee Benefits	10,740	9,633	7,954	6,223	5,478	4,408
Cost of Services Provided	3,947	3,889	3,382	2,535	185.7	131.8
Other Operating Expenses	2,847	2,856	2,909	1,805	3,763	2,916
Total Operating Expenses	18,239	16,994	14,822	11,173	9,902	7,894
Operating Income	16,749	10,017	11,994	9,524	13,525	10,670
EBT Excluding Unusual Items	16,965	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	-212.9	-	-8,469	-	-	-
Pretax Income	16,704	9,984	3,566	9,528	13,481	10,690
Income Tax Expense	3,962	2,249	3,259	2,439	3,557	2,608
Earnings From Continuing Ops.	12,741	7,736	307.5	7,090	9,924	8,082
Minority Interest in Earnings	-280	477.2	3,791	-1,117	-2,192	-2,180
Net Income	12,461	8,213	4,098	5,973	7,732	5,901
Net Income to Common	12,461	8,213	4,098	5,973	7,732	5,901
Net Income Growth	225.28%	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)	0.02%	0.16%	0.04%	-0.02%	2.39%	10.51%
EPS (Basic)	13.03	8.59	4.29	6.26	8.11	6.34
EPS (Diluted)	13.02	8.58	4.29	6.25	8.09	6.32
EPS Growth	225.10%	100.00%	-31.36%	-22.74%	28.01%	-2.02%
Free Cash Flow	-	55,347	35,813	-24,317	-34,751	9,629
Free Cash Flow Per Share	-	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	47.87%	37.08%	44.73%	46.02%	57.73%	57.48%
Profit Margin	35.62%	30.41%	15.28%	28.86%	33.00%	31.79%
Free Cash Flow Margin	-	204.90%	133.55%	-117.49%	-148.34%	51.87%
Effective Tax Rate	23.72%	22.52%	91.38%	25.59%	26.38%	24.40%
Revenue as Reported	43,186	44,528	48,322	33,431	37,633	32,266

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