JMJ Fintech Limited, a leading non-banking financial company, has delivered a strong performance in the third quarter (October–December) of the current financial year, posting a net profit of ₹1.73 crore.
The company recorded a 70.94 percent increase in profit compared with the corresponding quarter of the previous financial year.
Cumulative operating profit for the first nine months of the current financial year rose to ₹5.85 crore, marking a 13.20 percent growth over the full-year operating profit of ₹5.17 crore reported in the previous financial year.
Revenue for the third quarter stood at ₹5.19 crore, reflecting a 44.61 percent rise from the same quarter last year.
For the nine-month period up to the third quarter, total revenue climbed to ₹16.58 crore from ₹11.04 crore in the corresponding period of the previous financial year, registering a growth of 50.25 percent.
Total loan assets under management increased to ₹46.14 crore as of the third quarter of the current financial year. This represents a 9.19 percent growth compared with the previous quarter and a 39.31 percent increase from the same quarter last year.
Commenting on the results, Managing Director Joju Mathathumpady Johny said the company’s ability to consistently deliver strong financial performance reflects investor confidence and prudent management. He added that this momentum would provide further impetus to the company’s future growth plans.
