Jio Financial Services Q2 results: Net profit increases 3% to Rs 689 cr

Quick Summary:

Jio Financial Services Ltd pursuant to the application made to the RBI seeking registration as Core Investment Company (CIC), has received necessary approval and certificate of registration on July 9, 2024 from the RBI and thereby it has become a Non-Deposit taking Systemically Important Core Investment Company (CIC-ND-SI) with effect from that date, it said.

Jio Financial Services Ltd on Friday reported a marginal 3 per cent rise net profit to Rs 689 crore in the second quarter ended September 2024.

Total income increased to Rs 694 crore as against Rs 608 crore in the same quarter a year ago, Jio Financial Services said in a regulatory filing.

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Category: BusinessFinance

Markets: India

Topics: Jio Financial Q2 results Jio Financial Q2 profit Jio Financial Q2 Jio Financial Q2 revenue

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Article Type: News Report

Published On: 2024-10-18 @ 19:31:52 (10 hours ago)

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News Source URL: business-standard.com

Language: English

Article Length: 389 words

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News ID: 23120154

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