Check Jio Financial Services recently announced Q3 Results, net profit, growth income, and all necessary stats that will help you make an informed choice while investing and trading. Read More>>
Source: Mint
Quarterly net profits plummeted by 56%, from ₹668.18 crore to ₹293.82 crore. Revenue also fell by 32%, from ₹608.04 crore to ₹413.61 crore in Q3FY24.
Source: Mint
In the nine months ending December 2023, Jio Financial's net profit surged from ₹32.25 crore to ₹1,293.92 crore. Revenue skyrocketed from ₹41.63 crore in March 2023 to ₹1,435.78 crore.
Source: Mint
Jio Financial's Net Interest Income (NII) soared 44% QoQ to ₹269.08 crore in Q3FY24. In the nine-month period, NII rose from ₹38.34 crore in March 2023 to ₹657 crore in December 2023.
Source: Mint
After listing in August 2023, Jio Financial aims to diversify into consumer finance, asset management, and insurance. The NBFC, post demerger from Reliance Industries, eyes a multi-sectoral expansion.
Source: Mint
Jio Financial appointed Rupali Adhikari Sawant as Group Head of Internal Audit and Sudheer Reddy Govula as Group Chief Compliance Officer. Compliance Officer appointment aligns with RBI Circular.
Source: Mint
Jio Financial's share price surged by 4.55% on BSE, closing at ₹266.80 per share on 15th Jan’2024. The positive market response reflects confidence despite the Q3 financial challenges.
Source: Mint