JMJ Fintech Limited, a non-banking financial company, has wrapped up the financial year 2024-25 on a stronger note, posting a steady growth in profits, revenues, and its loan portfolio.
For the January-March 2025 quarter, JMJ Fintech reported a net profit of ₹0.66 crore. This marks a 43.11% increase from the ₹0.46 crore profit recorded during the same period a year ago.
Overall, the company clocked a total profit of ₹5.16 crore for the full financial year, suggesting that operational improvements might have played a role in its performance. However, no major announcements were made about specific factors influencing the rise.
JMJ's revenue for the January-March 2025 period stood at ₹6.10 crore, a 70% jump compared to the year-ago quarter. When looking at the full financial year, total revenue grew by 129%, reaching ₹17.14 crore.
While the company did not provide a detailed breakdown, the sharp increase hints at either a boost in lending activities or better collections from existing borrowers.
The company’s total loan book touched ₹42.56 crore by March 2025, reflecting a 29% growth compared to the October-December 2024 quarter. On a year-on-year basis, the loan book expanded by 69%, rising from ₹25.19 crore in the previous financial year.
The strong loan book growth could point to rising credit demand in the segments JMJ Fintech operates in, although the company has not specified the exact sectors or customer profiles driving the uptick.
JMJ Fintech’s stock performance has seen some improvement alongside its financial results, according to comments by Managing Director Joju Madathumpady Johny. While no figures were disclosed, the company believes the market sentiment has, at least partly, mirrored its operational gains.
