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Actualising possibilities. Accelerating progress.

It’s the prospect of realising the possibility that keeps one stay invested on the path to progress. Despite economic activities facing interruptions due to pandemic waves and inflationary impact, the recovery has been sustainable in FY21-22 thanks to continuous fiscal measures. The improved macroeconomic prospect, structural change in the traditional financial landscape and policy framework set the stage for accelerating growth by leveraging digital platforms and adopting innovative approach. At JM Financial, all our activities in the year gone by were guided by that unfolding reality and overarching theme.

The key highlights in FY21-22 are our continued efforts to build resilience, scale businesses by seizing emerging opportunities and develop sustainable value for our stakeholders. All these initiatives delivered the desired results. Highest ever annual operating net profit reported and a strong loan book in the bespoke and retail mortgages segment built underline the robustness of our diversified business model.

Having said that, there are inflation worries and the impact of tightening of accommodative policies across central banks.