Jio Financial Services has reported results for third quarter ended December 31, 2023 (Q3FY24).
Jio Financial Services has reported over 8-fold jump in net profit at Rs 70.48 crore for the quarter ended December 31, 2023 as compared to Rs 8.04 crore for the same quarter in the previous year. Total income of the company increased by 283.52% at Rs 134.08 crore for Q3FY24 as compared Rs 34.96 crore for corresponding quarter of the previous year.
Jio Financial Services (JFSL) operates its financial services business through its consumer facing subsidiaries namely Jio Finance (JFL), Jio Insurance Broking (JIBL) and Jio Payment Solutions (JPSL) and joint venture namely Jio Payments Bank (JPBL).
| Company Name | CMP |
|---|---|
| Bajaj Finance | 955.05 |
| Shriram Finance | 1007.95 |
| Aditya Birla Capital | 363.05 |
| Chola Invest & Fin. | 1676.05 |
| Tata Capital | 321.70 |
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