Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
3,141.98
3,373.70
3,500.02
2,579.36
2,899.98
2,372.38
2,596.14
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
3,141.98
3,373.70
3,500.02
2,579.36
2,899.98
2,372.38
2,596.14
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
854.41
743.68
675.41
447.97
450.37
325.41
330.39
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
260.72
254.87
66.23
0.10
3.08
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
8.46
662.84
695.77
420.21
586.70
435.83
321.44
Total Expenditure (Excl Depreciation)
1,123.59
1,661.39
1,437.41
868.28
1,040.15
761.24
651.83
Operating Profit (PBDIT) excl Other Income
2,018.39
1,712.31
2,062.61
1,711.08
1,859.83
1,611.14
1,944.31
Other Income
149.40
51.92
56.02
49.62
26.54
13.12
16.83
Operating Profit (PBDIT)
2,167.79
1,764.23
2,118.63
1,760.70
1,886.37
1,624.26
1,961.14
Interest
752.93
1,031.34
1,154.27
831.98
831.78
839.77
1,052.54
Exceptional Items
-21.29
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
1,393.57
732.89
964.36
928.72
1,054.59
784.49
908.60
Depreciation
56.24
47.46
38.87
30.09
28.14
30.04
30.10
Profit Before Tax
1,337.33
685.43
925.49
898.63
1,026.45
754.45
878.50
Tax
319.81
148.44
223.09
222.42
263.19
181.73
265.01
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
1,017.52
536.99
702.40
676.21
763.26
572.72
613.49
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
1,017.52
536.99
702.40
676.21
763.26
572.72
613.49
Share in Profit of Associates
21.60
1.58
2.45
0.42
0.73
1.80
1.50
Minority Interest
8.81
70.15
23.01
-36.23
-81.40
-20.61
-70.01
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
1,036.61
611.78
638.52
540.18
594.37
413.43
414.42
Equity Capital
95.63
95.58
95.55
95.48
95.40
95.24
84.12
Face Value
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
3.27
2.18
2.91
1.99
2.27
1.95
1.87
Operating Profit Margin (Excl OI)
64.24%
50.75%
58.93%
66.34%
64.13%
67.91%
74.89%
Gross Profit Margin
44.35%
21.72%
27.55%
36.01%
36.37%
33.07%
35.0%
PAT Margin
32.38%
15.92%
20.07%
26.22%
26.32%
24.14%
23.63%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is -6.87% vs -3.61% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is 69.44% vs -4.19% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is 17.88% vs -16.98% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is -26.99% vs -10.65% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024
Compare Nine Monthly Results Of JM Financial With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
3,141.98
1,475.52
1,666.46
112.94%
Other Operating Income
0.00
0.00
0.00
Total Operating income
3,141.98
1,475.52
1,666.46
112.94%
Raw Material Cost
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
Employee Cost
854.41
47.08
807.33
1,714.80%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
260.72
0.00
260.72
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
8.46
125.95
-117.49
-93.28%
Total Expenditure (Excl Depreciation)
1,123.59
173.03
950.56
549.36%
Operating Profit (PBDIT) excl Other Income
2,018.39
1,302.49
715.90
54.96%
Other Income
149.40
326.64
-177.24
-54.26%
Operating Profit (PBDIT)
2,167.79
1,629.13
538.66
33.06%
Interest
752.93
785.51
-32.58
-4.15%
Exceptional Items
-21.29
-11.66
-9.63
-82.59%
Gross Profit (PBDT)
1,393.57
831.96
561.61
67.50%
Depreciation
56.24
345.11
-288.87
-83.70%
Profit Before Tax
1,337.33
486.86
850.47
174.68%
Tax
319.81
127.26
192.55
151.30%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
1,017.52
359.60
657.92
182.96%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
1,017.52
359.60
657.92
182.96%
Share in Profit of Associates
21.60
0.00
21.60
Minority Interest
8.81
0.00
8.81
Other related items
0.00
0.00
0.00
Consolidated Net Profit
1,036.61
359.61
677.00
188.26%
Equity Capital
95.63
121.06
-25.43
-21.01%
Face Value
1.00
2.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
44.35%
56.38%
0.00
-12.03%
PAT Margin
32.38%
24.37%
0.00
8.01%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 3,141.98 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -6.87% vs -3.61% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 1,036.61 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 69.44% vs -4.19% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 2,018.39 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is 17.88% vs -16.98% in Dec 2024
Nine Monthly - Interest
Interest 752.93 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -26.99% vs -10.65% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 64.24%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024






