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Jio Financial Services Q2 Results: Net profit doubles to Rs 668 crore

The company which was listed in August rode on a Rs 217 crore of dividend income during the quarter which increased total income by 47% to Rs 608 crore from Rs 414 crore in the quarter ended June 2023. Expenses increased 31% to Rs 71 crore from Rs 54 crore a year ago largely due to a one and a half times increase in employee expenses to Rs 31 crore from Rs 12 crore in June.

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Jio Financial Services Q2 Results: Net profit doubles to Rs 668 crore

The company which was listed in August rode on a Rs 217 crore of dividend income during the quarter which increased total income by 47% to Rs 608 crore from Rs 414 crore in the quarter ended June 2023. Expenses increased 31% to Rs 71 crore from Rs 54 crore a year ago largely due to a one and a half times increase in employee expenses to Rs 31 crore from Rs 12 crore in June.

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jio financial services q2 results: Jio Financial Q2 Results: Cons PAT doubles QoQ to Rs 668 crore, revenue jumps 47%

Interest income for the September quarter was Rs 186 crore, compared to Rs 202 crore a quarter ago. Dividend income was Rs 217 crore for the quarter under review, against nil in the June quarter

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