Jio Financial Services Q1 results: Net profit jumps 156% YoY to Rs.830 crore, revenue tops Rs.2,000 crore
New Delhi, July 16 -- Jio Financial Services (JFSL), the financial arm of Reliance Industries, announced its financial results for the June-ended quarter (Q1 FY27) after market hours on Thursday, reporting a consolidated net profit of Rs.830 crore, a sharp 156% jump from Rs.325 crore in the corresponding quarter last year.
On a sequential basis, net profit surged 205% from Rs.272 crore reported in the March quarter (Q4 FY26).
Revenue from operations also witnessed robust growth, rising to Rs.2,004 crore from Rs.612 crore in the preceding quarter, registering a 223% sequential increase.
JFSL, which operates across investing and financing, insurance broking, payments banking, payment aggregator and gateway services, and asset management,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.