JM Financial reported Q1FY27 net revenue up 13% YoY to ₹883 Cr, with PAT at ₹292 Cr.

Private Markets doubled revenue to ₹462 Cr, driven by strong distressed asset resolutions (₹1,200 Cr group share). This cushioned earnings amid capital market volatility.

Wealth and capital markets saw subdued transaction activity but July revenues show early recovery.

The IPO pipeline is robust at ₹150,000 Cr (excl.

Jio/NSE). Affordable Home Loans AUM grew 28% YoY to ₹3,715 Cr.

Management is confident in long-term growth and scaling newer businesses, expecting the ARC to be debt-free.