JFS Q3 results: Interest income for the quarter stood at Rs 270 crore against Rs 186 crore in the September quarter. Pre provisioning operating profit for the quarter came in at Rs 316 crore against Rs 537 crore in the September quarter.
JFS, Bajaj Finance: Jefferies has a target price of Rs 9,470 for Bajaj Finance. The standalone entity is valued at 5.4 times March 2026 price to book value, it said. Jefferies did not offer a target for JFS.
Jio Financial Services’ partners will act as a catalyst for its growth due to the varied business interests, which could assist the NBFC in running various pilot programs and customised service offerings, a brokerage said recently.
Jio Financial Services will announce its December quarter result later in the day. This will be the NBFC s second quarterly results announcement after it listed in August 2023
Jio Financial Services is the demerged arm of Reliance Industries Ltd. It is a holding company, which is operating financial services business through consumer-facing subsidiaries.