JM Financial standalone net profit rises 69.76% in the March 2017 quarter

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Sales rise 91.46% to Rs 49.07 crore
Net profit of JM Financial rose 69.76% to Rs 47.67 crore in the quarter ended March 2017 as against Rs 28.08 crore during the previous quarter ended March 2016. Sales rose 91.46% to Rs 49.07 crore in the quarter ended March 2017 as against Rs 25.63 crore during the previous quarter ended March 2016.For the full year,net profit declined 4.92% to Rs 106.73 crore in the year ended March 2017 as against Rs 112.25 crore during the previous year ended March 2016. Sales rose 0.14% to Rs 114.46 crore in the year ended March 2017 as against Rs 114.30 crore during the previous year ended March 2016.
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First Published: May 03 2017 | 4:19 PM IST