JMJ Fintech Ltd, a leading non-bank financial institution, reported a 68 per cent surge in revenue for the October-December quarter, reaching ₹3.59 crore, up from ₹2.14 crore in the same period last year. Profit for the third quarter stood at ₹1.02 crore.
The company reported a 169 per cent jump in net profit, reaching ₹4.51 crore in the first nine months of the current fiscal, compared to ₹1.68 crore in the same period last year. Total loans surged 47.01 per cent year-on-year to ₹33.13 crore and grew 28.87 per cent sequentially from the second quarter of the current fiscal.
Ahead of the results announcement, which was made after market hours, JMJ Fintech’s shares traded flat at ₹26. The company’s market capitalisation stands at ₹33 crore.
