JM Financial has reported results for second quarter ended September 30, 2017.
The company has reported a net loss of Rs 1.47 crore for the quarter ended September 30, 2017 as compared to a net profit of Rs 51.81 crore for the same quarter in the previous year. The total income of the company decreased by 84.02% at Rs 10.65 crore for Q2FY18 as compared Rs 66.66 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 27.20% rise in its net profit at Rs 145.84 crore for the quarter under review as compared to Rs 114.65 crore for the corresponding quarter in the FY17. Total income of the company rose 33.99% at Rs 755.44 crore for quarter under review as compared to Rs 563.80 crore for the same quarter ended previous year.
