<ul data-eligibleForWebStory="false"><li>JM Financial Ltd. is projected to achieve a net profit of Rs 1,000 crore in FY26, driven by a shift to less cyclical business sectors.</li><li>The company is moving away from its traditional wholesale lending operations and focusing on more stable growth areas like wealth management, asset management, and affordable housing finance.</li><li>Analyst Digant Haria anticipates write-backs and reduced credit losses, aided by the company's exit from certain lending portfolios. This strategic shift is expected to boost profitability.</li><li>JM Financial is returning to its core strength in deal-making while adjusting its lending strategy to shorter-duration loans, emphasizing fee income over interest income.</li></ul>

JM Financial: Here's Why This Analyst Projects Rs 1,000-Crore Profit In FY26

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