JM Financial on Friday reported a 41.73 per cent rise in consolidated net profit at ₹168.1 crore for the third quarter of FY18, against ₹118.60 crore reported in the same year-ago period.
The board of directors also declared an interim dividend of ₹0.70 a share of face value ₹1 each.
The firm’s total income in Q3 rose 41 per cent to ₹837.73 crore (₹593.97 crore), the company said in a statement.
The asset base of its wealth management business stood at ₹31,910 crore (excluding custody assets) as on December 31, 2017, compared to ₹22,337 crore.
The lending book of JM Financial Products stood at ₹7,043 crore as on December 31, 2017.
During the quarter, the company had funded 21 IPOs wherein the aggregate amount of funding was around ₹13,204 crore.
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