JM Financial consolidated net profit declines 20.67% in the September 2019 quarter

Sales decline 11.98% to Rs 817.27 crore

Net profit of JM Financial declined 20.67% to Rs 129.59 crore in the quarter ended September 2019 as against Rs 163.36 crore during the previous quarter ended September 2018. Sales declined 11.98% to Rs 817.27 crore in the quarter ended September 2019 as against Rs 928.49 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales817.27928.49 -12 OPM %76.4281.91 -PBDT281.27386.36 -27 PBT271.45379.55 -28 NP129.59163.36 -21

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