JM Financial Ltd on Tuesday reported a consolidated net profit of ₹270 crore for the July–September quarter (Q2 FY26), up 16.4% year-on-year from ₹232 crore.

Revenue for the quarter came in at ₹1,031 crore, marking a 13.4% decline from ₹1,190 crore last year.

The Board of Directors also declared an interim dividend of ₹1.50 per equity share for FY26. The dividend will be paid on or after November 27, 2025, to shareholders on record as of November 14, 2025.

The company reported its highest-ever quarterly fees and commission income at ₹341 crore, a 20% increase over the previous year.

JM Financial’s wealth management business continued to expand rapidly, with the headcount of sales and relationship managers rising 43% year-on-year to 1,015, alongside the addition of 11 new branches.

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