Jio Financial Services Ltd Q1FY25; 6% fall in Profits

JFSL was originally incorporated as Reliance Strategic Investments Private Limited in July, 1999 under the Companies Act 1956. Jio Financial Services Limited was incorporated in July, 23. JFSL is a NBFC-ND-SI registered with RBI. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL).Jio Financial Serv

Financial Results:

Jio Financial Services Ltd reported Revenues for Q1FY25 of ₹418.00 Crores up from ₹414.00 Crore year on year, a rise of 0.97%.

Total Expenses for Q1FY25 of ₹79.00 Crores up from ₹53.00 Crores year on year, a rise of 49.06%.

Consolidated Net Profit of ₹313.00 Crores down 5.72% from ₹332.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.49, from ₹NaN.00 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.