JM Financial Limited announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported a consolidated Profit After Tax (PAT) of ₹313 crore for Q3 FY26, marking a significant increase of 49.7% compared to ₹209 crore in the same period last year. For the nine months ended December 31, 2025 (9MFY26), the consolidated PAT surged by 69.4% to ₹1,037 crore, up from ₹612 crore in 9MFY25. The company's net revenue for Q3 FY26 stood at ₹677 crore, a decrease of 6.2% year-on-year, while for 9MFY26, it increased by 1.2% to ₹2,165 crore. Operating PAT for Q3 FY26 increased by 16.6% to ₹244 crore, and for 9MFY26, it grew by 58.1% to ₹968 crore. The company's net worth grew by 17% to ₹10,418 crore. Key business segments showed strong growth, with Wealth Management recurring AUM increasing by 33% to ₹33,144 crore and Affordable Home Loans AUM growing by 23% to ₹3,183 crore. The Investor Presentation, accompanying the financial results, provides a detailed segment-wise performance analysis. Corporate Advisory and Capital Markets reported strong performance in IPO transactions, while Wealth Management saw an increase in RM headcount and recurring AUM. Asset Management focused on building scale and engagement, and Private Markets reported a reduction in non-core loan book and successful syndication transactions. Affordable Home Loans segment reported a 23% YoY growth in AUM.
