JM Financial consolidated net profit rises 32.63% in the March 2017 quarter

Sales rise 58.98% to Rs 670.94 crore

Net profit of JM Financial rose 32.63% to Rs 150.85 crore in the quarter ended March 2017 as against Rs 113.74 crore during the previous quarter ended March 2016. Sales rose 58.98% to Rs 670.94 crore in the quarter ended March 2017 as against Rs 422.03 crore during the previous quarter ended March 2016.

For the full year,net profit rose 17.41% to Rs 470.20 crore in the year ended March 2017 as against Rs 400.46 crore during the previous year ended March 2016. Sales rose 43.98% to Rs 2152.24 crore in the year ended March 2017 as against Rs 1494.84 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales670.94422.03 59 2152.241494.84 44 OPM %81.3679.40 -82.4781.17 - PBDT332.52206.50 61 995.04713.14 40 PBT326.25201.35 62 971.73692.85 40 NP150.85113.74 33 470.20400.46 17

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