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JM Financial standalone net profit declines 90.47% in the June 2016 quarter

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Capital Market

Sales decline 88.91% to Rs 9.21 crore

Net profit of JM Financial declined 90.47% to Rs 7.60 crore in the quarter ended June 2016 as against Rs 79.71 crore during the previous quarter ended June 2015. Sales declined 88.91% to Rs 9.21 crore in the quarter ended June 2016 as against Rs 83.05 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales9.2183.05 -89 OPM %185.02103.77 -PBDT7.8979.58 -90 PBT7.7379.45 -90 NP7.6079.71 -90

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First Published: Aug 03 2016 | 8:48 AM IST

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