Archive · 11 Aug 2025
JM Financial Reports Record Q1 Profit, Bajaj Allianz to Invest
JM Financial, a financial services company, had a very successful quarter.
Their profit reached a record ₹454 crore, more than double from last year.
They also made more money overall, with revenue up by 22%.
The company's value is now over ₹10,000 crore.
Additionally, Bajaj Allianz will buy a small part of their home loan business.
The wealth management division also grew, with more assets under management.
JM Financial's Q1FY26 operating profit hit a record ₹454 crore, up 166% YoY.
Net revenue for JM Financial grew 22% to ₹779 crore.
Consolidated net worth of JM Financial exceeded ₹10,000 crore.
Bajaj Allianz Life Insurance will acquire a 2.1% stake in JM Financial Home Loans.
Wealth management's recurring assets under management increased by 37%.
- Who
- JM Financial.
- What
- JM Financial reported its highest-ever quarterly operating profit and Bajaj Allianz will acquire a stake in home loans.
- When
- Q1 FY26.
- Where
- N/A
- Why
- N/A
- PAT (Q1 FY26)
- ₹454 crore
- PAT Growth (YoY)
- 166%
- Net Revenue
- ₹779 crore
- Net Worth
- ₹10,000 crore+
- Bajaj Allianz Stake
- 2.1%
- Wealth Management AUM Growth
- 37%
Sources
JM Financial Credit to sell 2.1% stake in JM Financial Home Loans to Bajaj Allianz Life for ₹65.5 cr
JM Financial Credit to sell 2.1% stake in JM Financial Home Loans to Bajaj Allianz Life for ₹65.5 cr
JM Financial Q1 profit zooms 166% YoY to Rs 454 crore; shares react
