India's JM Financial hits 5-month low after Q3 profit drop

JM Financial

29/01/2025 04:34

** Shares of JM Financial  JMSH.NS  fall as much as 11% to
95.28 rupees, lowest since Aug. 26; last down 9.1%
    ** The financial services firm on Tuesday reported ~25% Y/Y
fall in Q3 consol net profit while total rev from ops fell 10.5%
Y/Y
    ** Stock on track for a fourth consecutive session of loss,
if trend holds
    ** More than 6 mln shares change hands, 2.1x of 30-day avg
    ** Stock fell 13.7% in Dec. qtr, snapping two straight
quarters of gain




 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))