India's JM Financial falls on Q1 profit decline

JM Financial

04/08/2023 08:05

** Shares of JM Financial  JMSH.NS  down as much as 6.25%, their
worst intraday pct loss since Dec. 23
    ** Stock on track for second consecutive session of losses
    ** Financial services firm on Thursday posted 2.4% YoY drop
in Q1 consolidated net profit despite higher revenue
    ** About 5.1 mln shares change hands as of 12:29 p.m. IST,
2.2x 30-day average
    ** Stock up 13.01% YTD as of last close

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))