Mumbai (Maharashtra) [India]April 17 (ANI): Jio Financial Services has reported a marginal 1.6 percent increase in its consolidated net profit in the January-March quarter, compared to Rs 311 crore registered in the same quarter of the previous financial year.
For the entire financial year 2024-25, the net profit or profit after tax increased from Rs 1,605 crore to Rs 1,613 crore.
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The company’s total income increased from Rs 418 crore to Rs 518 crore in the January-March quarter. For the entire financial year, it increased from Rs 1,855 crore to Rs 2,079 crore.
Jio Financial Services also announced a dividend of Rs 0.5 per share for its stakeholders. A dividend is a reward or pays that companies often provide to their shareholders, although not mandatory, from a part of their earnings.
Jio Financial Services Limited (JFSL) is a main investment company (CIC), which is registered with the Reserve Bank of India. Company Jio Finance Limited, Jio Insurance Broking Limited, Jio Payments Solutions Limited, Jio LEASING SERVICES LIMITED, Jio Finance Platform and Service Platform and Service Limited, and Jio Payments including Jio Payments Bank Limited. A full-stack from the financial services business. (AI)
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