weather_iconDublin | 6.41 °C | AQI 17
Sunday, 24 November, 2024

---Advertisement---

Business

Jio Financial Services Records Profit At 101%, Releases First-Ever Quarterly Results

Jio Financial Services revealed first ever quarterly results, reporting at Rs 668 crore for July-September period of ongoing fiscal year.

jio services
jio services

New Delhi: Jio Financial Services on Monday revealed its first ever quarterly results that is reported at Rs 668 crore. This figure is for the July-September period of the on-going fiscal year.

Note that the net profit of the Jio Financial Services doubled as the company has showed a jump of 101 percent from the previous quarter.

---Advertisement---

Total income of the non-banking financial company’s (NBFC) was at Rs 608 crore for the quarter whereas the interest income was at Rs 186 crore. It dropped from Rs 202 crore in the April-June FY24 quarter, reported Money control.

As per the data, total market capitalizaton of the lender is at Rs 1.43 lakh crore.

---Advertisement---

Meanwhile, the company has also announced an appointment of AR Ganesh as the Group Chief Technology Officer w.e.f. October 16, 2023. Prior to that, Ganesh was serving as the Chief Information Security Officer (CISO) at ICICI Bank where he was having overall oversight on Cybersecurity.

HISTORY

Written By

Pranjal Gupta

Updated By

Pranjal Gupta


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

IPL 2025 Mega Auction Live Updates: Khaleel Ahmed Goes To Chennai Super Kings

Nov 24, 2024
IPL Trophy
  • 20:31 (IST) 24 Nov 2024

    IPL 2025 Mega Auction Live Updates: Khaleel Ahmed Goes To Chennai Super Kings

  • 20:29 (IST) 24 Nov 2024

    IPL 2025 Mega Auction Live Updates: Jofra Archer Goes To Mumbai Indians

  • 20:22 (IST) 24 Nov 2024

    IPL 2025 Mega Auction Live Updates: Anrich Nortje Goes To KKR

N24 Shorts Logo

SHORTS

IPL Trophy
Sports

IPL 2025 Mega Auction: List Of Top Five Most Expensive Buys At The End Of Day 1

The Indian Premier League 2025 mega auction has kickstarted in Jeddah, Saudi Arabia wherein the ten teams will fight for many big names of international cricket.

View All Shorts

---Advertisement---

Trending