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.
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.
For the six months ended September, Jio Financial reported a revenue of Rs 1,022 crore and a net profit of Rs 1,000 crore, according to KRChoksey Research.
Jio Financial Q3 Results: The company s consolidated revenue from operations fell nearly 32% to Rs 413.61 crore. For the nine months ended December 2023, the Mukesh Ambani-led company reported a profit of Rs 1,294 crore and a revenue of Rs 1,436 crore. The total tax outgo for the quarter was Rs 88 crore against Rs 86.3 crore in the preceding quarter.