Shares of JM Financial tumbled 8% to their day’s low of Rs 120 on the BSE on Monday after it reported net revenue of Rs 584 crore in the fourth quarter of FY26, down 12.2% from Rs 665 crore in the corresponding quarter last year. Including a share of profit from associates of Rs 3 crore, PAT stood at Rs 162 crore, compared with Rs 235 crore in Q4 FY25, down 31.1 YoY.
Operating net profit declined 21.1% year-on-year to Rs 165 crore, while consolidated net profit also fell 21.1% to Rs 165 crore, the company said in its investor presentation.
