Jio Financial Services Ltd Share Price – NSE  / BSE

Finance, Mid Cap

Jio Financial Services to lure the customers to celebrate the Dhanteras festival season has launched SmartGold, whereby the customers can buy digital gold through Jiofinance App.

SmartGold offers customers a completely digital, secure and seamless process for buying gold and redeeming their investments in exchange for cash, or gold coins, or gold jewelry. Customers can now invest in digital gold anytime, anywhere, starting as low as Rs. 10. SmartGold offers customers a completely digital, secure and seamless process for buying gold and redeeming their investments in exchange for cash, or gold coins, or gold jewelry. Customers can now invest in digital gold anytime, anywhere, starting as low as Rs. 10.

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Total income jumped 14.11% to Rs 693.85 crore during the quarter as compared with Rs 608.04 crore in corresponding quarter last year.

The company’s interest income climbed 19.88% year on year (YoY) to Rs 204.98 crore for the quarter ended 30 September 2024.

Profit before tax (PBT) stood at Rs 773.49 in Q2 FY25, up 2.53% as compared with Rs 754.43 crore in Q2 FY24.

Total expenses surged 104.49% to Rs 146.07 crore while employee benefit expenses surged 117.3% to Rs 67.71 crore in Q2 FY25 over Q2 FY24.

Pre-provisioning operating profit jumped 2.79% to Rs 552 crore in Q2 FY25 as compared with Rs 537 crore posted in corresponding quarter last year.

Jio Financial Services is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) and engaged in business of finance, trading in futures and options, trading / investments in shares and securities.

The scrip rose 0.06% to settle at Rs 330.75 on the BSE.

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Total income jumped 14.11% to Rs 693.85 crore during the quarter as compared with Rs 608.04 crore in corresponding quarter last year.

The company’s interest income climbed 19.88% year on year (YoY) to Rs 204.98 crore for the quarter ended 30 September 2024.

Profit before tax (PBT) stood at Rs 773.49 in Q2 FY25, up 2.53% as compared with Rs 754.43 crore in Q2 FY24.

Total expenses surged 104.49% to Rs 146.07 crore while employee benefit expenses surged 117.3% to Rs 67.71 crore in Q2 FY25 over Q2 FY24.

Pre-provisioning operating profit jumped 2.79% to Rs 552 crore in Q2 FY25 as compared with Rs 537 crore posted in corresponding quarter last year.

Jio Financial Services is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) and engaged in business of finance, trading in futures and options, trading / investments in shares and securities.

The scrip rose 0.39% to settle at Rs 330.55 on Friday, 18 October 2024.

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Net profit of Jio Financial Services rose 3.13% to Rs 689.07 crore in the quarter ended September 2024 as against Rs 668.18 crore during the previous quarter ended September 2023. Sales rose 14.06% to Rs 693.50 crore in the quarter ended September 2024 as against Rs 608.04 crore during the previous quarter ended September 2023.

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