Comments
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.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.