Submission of the outcome of the Board Meeting held on 12th September 2025.
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JMJ Fintech Ltd, a Coimbatore-based NBFC, held its board meeting on 12th August 2025 and approved its standalone unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total income from operations rose to ₹507.73 lakhs from ₹369.20 lakhs in Q1 FY25, a growth of about 37.5%, driven by higher business activity. However, net profit fell to ₹114.43 lakhs from ₹182.26 lakhs in the year-ago quarter, a drop of roughly 37%, as employee costs tripled to ₹171 lakhs and finance costs doubled to ₹69.42 lakhs. EPS for the quarter stood at ₹0.89 versus ₹1.47 previously. The board also recommended a final dividend of 25 paise per share (face value ₹10), fixed 25 September 2025 as the AGM date, approved the purchase of land for business purposes, and re-appointed Mr. Velayudhanpillai Harikumar as Independent Director for one year.
Mixed signals for shareholders: revenue growth is healthy but profitability is under pressure from rising employee and finance costs, which may concern investors looking at margins. The 25 paise dividend is a small but positive return, while the land purchase signals expansion intent that could support future growth.