JM Financial doubles profit, raises dividend to ₹2.7

JM Financial Limited reported consolidated profit after tax of ₹821 crore for FY25, marking a 100% year-over-year increase. The board recommended a dividend of ₹2.70 per equity share.

Total consolidated income stood at ₹4,453 crore. Wealth management assets under management reached ₹1,09,579 crore while the mutual fund business achieved ₹13,419 crore.

The company completed 44 equity capital market transactions, raising over ₹81,558 crore through 13 IPOs, 15 QIPs, 2 OFS, 3 rights issues, and 11 block deals.