Newly listed Jio Financial's profit doubles

Tuesday, 17 October 2023
Jio Financial Services saw its consolidated net profit in the September quarter double to Rs 668 crore from Rs 332 crore - the first results since it was listed after being carved out of RIL. JFS is the holding company for financial services businesses of Reliance. It reported a standalone net profit of Rs 89 crore for the September quarter. Last year's standalone net profit for the corresponding quarter was Rs 2 crore.

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