MoneyWorks4Me

JM Financial reports 35% rise in Q4 consolidated net profit

06 May 2021 Evaluate

JM Financial has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 23.25% in its net profit at Rs 68.66 crore for the quarter under review as compared to Rs 55.71 crore for the same quarter in the previous year. Total income of the company increased by 46.63% at Rs 132.98 crore for Q4FY21 as compared Rs 90.69 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 35.35% in its net profit attributed to the owners at Rs 176.71 crore for the quarter under review as compared to Rs 130.56 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.07% at Rs 841.13 crore for Q4FY21 as compared Rs 840.58 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 37.64% in its net profit at Rs 175.23 crore as compared to Rs 127.31 crore for the previous year. Total income of the company increased by 23.54% at Rs 374.41 crore for year under review as compared to Rs 303.07 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 8.29% in its net profit attributed to the owners at Rs 590.14 crore as compared to Rs 544.98 crore for the previous year. However, total income of the company decreased by 6.57% at Rs 3,226.63 crore for year under review as compared to Rs 3,453.55 crore for year ended March 31, 2020.

Peers
Company Name CMP
Bajaj Finserv 1839.60
TVS Holdings 12760.40
Cholamandalam Fin. 1511.75
Altius Telecom Infra 175.50
Kama Holdings 2250.50
View more..