(RTTNews) – JPMorgan Indian Make investments Belief (JII.L) reported fiscal yr whole internet revenue of 127.28 million kilos in comparison with 2.96 million kilos, prior yr. Whole revenue per share was 178.74 pence in comparison with 3.96 pence. Whole earnings for the interval was 170.63 million kilos in comparison with 21.41 million kilos, final yr.
On a income foundation, internet revenue was 2.38 million kilos for the yr ended thirtieth September 2024, in comparison with 4.74 million kilos, final yr. On a income foundation, revenue per share was 3.35 pence in comparison with 6.34 pence. On a income foundation, whole earnings was 9.93 million kilos in comparison with 12.13 million kilos.
The Board stated the Portfolio Managers’ view is that the funding case for India stays compelling. Throughout the 12 months to finish September 2024, the MSCI India Index produced a constructive return of 27.7%, extending the 14.7% return it delivered within the first half. JPMorgan Indian Make investments Belief produced a complete return on internet property of 18.1% within the yr. The corporate stated, whereas it expects some near-term volatility, it believes the medium to long run outlook stays strong. JPMorgan Indian Make investments Belief believes apart from the US, there isn’t any different giant market globally that has the identical potential for progress and sustained financial returns.
For extra earnings information, earnings calendar, and earnings for shares, go to rttnews.com.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
