JM Financial Shares Surge Following Strong Q4 Results
In an impressive display of market performance, JM Financial Ltd saw its share price soar by 9% during morning trading on Monday, following the release of its Q4 results after market hours. This uptick reflects the positive sentiment surrounding the company’s financial health and strategic moves, drawing the attention of investors and market analysts alike.
Remarkable Share Price Movement
On Tuesday, JM Financial shares opened at ₹109.90 on the BSE, marking an increase from the previous day’s closing price of ₹105.65. The stock continued to perform well, peaking at ₹116.55 during intraday trading, translating to a gain of over 10%.
- Current Share Price: ₹109.90
- Previous Closing Price: ₹105.65
- Intraday High: ₹116.55
This impressive rise highlights investor confidence in JM Financial’s recent strategies and financial performance.
Dividend Announcement
In addition to its robust share performance, JM Financial has proposed a dividend of ₹2.70 per share for the financial year 2024-25, subject to approval at the upcoming Annual General Meeting (AGM). The company is set to hold its 40th AGM on August 12, 2025, where this dividend proposal will be discussed.
Impressive Q4 Financial Results
The company’s Q4 results revealed a staggering nearly fivefold increase in standalone net profit, jumping from ₹27.07 crore in the same quarter last year to ₹134.63 crore for the January-March 2025 period. This substantial growth is attributed to improved loan margins and expansion across key business segments.
- Standalone Net Profit Growth: ₹27.07 crore to ₹134.63 crore
- Consolidated Net Profit: Increased from ₹171 crore in Q1FY25 to ₹210 crore
Highlights from Q4 Performance
JM Financial also reported significant milestones in its operations:
- Successfully completed ECM deals totaling over ₹80,000 crore in FY25.
- Secured the top position in QIP deals by volume.
- Noted that ECM activity was at its lowest in the last four quarters, but anticipates a rebound in Q1FY26.
Key Transactions Concluded
Among the notable transactions in the past quarter, JM Financial facilitated the IPO of Ajax Engineering, raising ₹1,269 crore. Significant block deals included:
- OneSource Specialty Pharma: ₹1,200 crore
- TVS Supply Chain: Approximately ₹132 crore
- Campus Activewear: ₹130 crore
Overall, the latest developments at JM Financial reflect a promising trajectory for the company, with strong financial outcomes, strategic growth initiatives, and investor-friendly policies. With expectations set for further growth in the upcoming quarters, JM Financial remains a key player to watch in the financial sector.