JIO FINANCIAL SERVICES Q4 RESULTS | NET PROFIT AT ₹310 CRORE

Jio Financial Services Ltd on Friday (April 19) reported a net profit of ₹310 crore for the fourth quarter that ended March 31, 2024. The company's consolidated profit after tax (PAT) for FY24 stood at ₹1,605 crore.

In the fourth quarter of FY24, Jio's standalone PAT increased to ₹78 crore from ₹71 crore recorded in the preceding quarter. For the full fiscal year FY24, the standalone PAT amounted to ₹383 crore.

Jio's total ex-dividend income reached ₹418.1 crore, inching up from ₹413.6 crore recorded in the previous quarter. In the fourth quarter, Jio's interest income amounted to ₹280.7 crore, up from ₹269 crore reported in the third quarter.

The results came after the close of the market hours. Shares of Jio Financial Services Ltd ended at ₹370, down by ₹8.20, or 2.17%, on the BSE.

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2024-04-19T13:32:05Z dg43tfdfdgfd