Board Approves Final Dividend for the Financial Year 2024-25.
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The Board of JMJ Fintech Ltd, at its meeting on August 12, 2025, recommended a Final Dividend of INR 25 paise per equity share (on face value of INR 10) for FY2024-25, subject to shareholder approval at the AGM on September 25, 2025. Dividend will be paid within 30 days of the AGM. The Board also approved standalone unaudited results for Q1 FY26 (quarter ended June 30, 2025), reporting total income of Rs 507.73 lacs (up ~38% YoY from Rs 369.20 lacs) but net profit of Rs 114.43 lacs, down ~37% from Rs 182.26 lacs in the same quarter last year, mainly due to higher finance costs and employee expenses. EPS for the quarter stood at Rs 0.89 versus Rs 1.47 in Q1 FY25. Additionally, an Independent Director was re-appointed for one year and the company plans to purchase land for business purposes.
The final dividend is modest at 2.5% on face value and is unlikely to materially impact the stock price or attract meaningful income investor interest. The sharp YoY decline in net profit for Q1 FY26 despite higher revenue signals margin compression that investors should monitor closely.