JM Financial reported a 5.5 per cent increase in net profit at ₹97.26 crore for the second quarter compared with ₹92.2 crore in the corresponding quarter last year. The company recorded ₹400 crore income from operations in the quarter ended September 30, up 7.4 per cent from the same period, a year-ago. Commenting on the results, Nimesh Kampani, Chairman, JM Financial Group, said, “The financial performance was on expected lines. The group’s fund-based business and asset management business have done well. While the securities business performed well, volatility in the markets has hampered the timeliness of deal closures.”
JM Financial’s Q2 net up 5%
Published on
October 30, 2015 16:17
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