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JM Financial standalone net profit declines 11.58% in the December 2020 quarter

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Capital Market

Sales decline 21.81% to Rs 77.24 crore

Net profit of JM Financial declined 11.58% to Rs 28.55 crore in the quarter ended December 2020 as against Rs 32.29 crore during the previous quarter ended December 2019. Sales declined 21.81% to Rs 77.24 crore in the quarter ended December 2020 as against Rs 98.78 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales77.2498.78 -22 OPM %54.2748.00 -PBDT41.5348.94 -15 PBT38.5645.91 -16 NP28.5532.29 -12

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First Published: Jan 23 2021 | 5:03 PM IST

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