Mumbai, July 16 -- Jio Financial Services Ltd (JFSL) is rapidly transforming into a full-stack financial services platform, with strong growth across lending, payments, asset management and insurance businesses powering a 156 per cent jump in consolidated profit after tax (PAT) to Rs 830 crore in the first quarter of FY27.
The Reliance Group company reported a 141 per cent year-on-year increase in total income (excluding dividend) to Rs 1,496 crore for the quarter ended June 30, while pre-provisioning operating profit rose 38 per cent to Rs 505 crore, reflecting broad-based growth across its expanding financial ecosystem.
The results underline JFSL's strategy of building an integrated digital financial services platform rather than relyin...