During Tuesday’s trading session, the shares of a company engaged in the business of providing loans and investing/trading of shares hit a 20 percent upper circuit on BSE, after the company reported Q4 FY25 financial results with a revenue increasing by nearly 71 percent QoQ and 99 percent YoY.
Price Movement
With a market cap of Rs. 32.6 crores, at 01:42 p.m., the shares of JMJ Fintech Limited were trading in the green at Rs. 25.5, up by nearly 9 percent, compared to its previous closing price of Rs. 23.4.
The stock has delivered positive returns of over 19 percent in one year, but has fallen by around 3 percent in the last six month.
What’s the News
The fluctuations in the share prices were observed after JMJ Fintech Limited announced the financial results for Q4 FY25, through the latest filings with the BSE on Tuesday.
For Q4 FY25, JMJ Fintech reported a revenue from operations of Rs. 6.1 crores, reflecting a growth of around 71 percent QoQ from Rs. 3.57 crores in Q3 FY25, and a year-on-year increase of around 99 percent from Rs. 3.07 crore in Q4 FY24.
The company’s consolidated net profit for Q4 FY25 stood at Rs. 0.66 crores, representing a decline of around 35 percent QoQ from Rs. 1.01 crores in Q3 FY25, but an increase of nearly 43 percent YoY from Rs. 0.46 crores in Q4 FY24.
About the Company
JMJ Fintech Limited, formerly known as Meenakshi Enterprises Limited, is an RBI-registered NBFC company primarily engaged in the business of loan lending as an NBFC Activity (Non-Deposit Taking Company).
The company is also in the business of lending money or providing loans predominantly to retail customers. The Company is doing both secured and unsecured loans and is providing loans only after entering into an agreement for the same.
Written by Shivani Singh
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