Submission of Audited Financial Results for the year ended 31st March 2025.
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JMJ Fintech Ltd (formerly Meenakshi Enterprises Limited), a Coimbatore-based NBFC listed on BSE, reported its audited results for FY25. Total income from operations grew sharply, with Profit Before Tax rising from ₹385.76 lacs in FY24 to ₹948.88 lacs in FY25, and Profit After Tax jumping from around ₹46.22 lacs to ₹216.91 lacs — roughly a 3.5x increase. The loan book expanded from ₹2,519.79 lacs to ₹4,236.95 lacs, and total assets grew from ₹2,744.51 lacs to ₹4,805.34 lacs, supported by subordinated debt of ₹2,006.70 lacs. As required for NBFCs, the company transferred ₹189.83 lacs (20% of PAT) to the RBI Statutory Reserve. The statutory auditor (Mahesh C. Solanki & Co.) issued an unqualified, clean opinion on the results.
Strong profit and loan-book growth indicate rapid scaling of the lending business, which is positive for shareholders. However, negative operating cash flow of ₹(833.04) lacs is typical for a growing NBFC deploying funds into loans, so this is worth monitoring but not necessarily alarming. Clean audit and rising equity base support investor confidence.