Loans shot at ₹ 10,053 million rupees at the end of March 2025, against ₹ 173 million rupees at the end of March 2024. | Photo credit: Francis Mascarenhas
Jio Financial Services Ltds (JFSL) consolidated the net profit in the fourth quarter to ₹ 316 million rupees against ₹ 311 million rupees in the quarter of the previous year.
JFSL’s financial results (formally known as Reliance Strategic Investments LTD) comprise the results of subsidiaries: Jio Finance, Jio Payment Solutions, Jio Lesing Services, Jio Finance Platform and Service, Jio Insurance Broking and Reliance; Joint Ventures – Jio Payments Bank, Jio Blackrock Asset Management and Jio Blackrock Broking, among others.
The JFSL Board of Directors committed a dividend or ₹ 0.50 by capital action of the nominal value of ₹ 10 each. In FY25, the NBFC, which is classified as a central investment company not systematically important (CIC-SDSI) by RBI, a net gain of ₹ 1,613 million rupees (₹ 1,605 million rupees in FY24) reported
In the quarter of reports, the total income increased by 24 percent year -on -year to ₹ 518 million rupees (₹ 418 million rupees in the quarter of the previous year). Total expenses increased by 43 percent year -on -year to ₹ 144 million rupees (₹ 101 million rupees).
Loans shot at ₹ 10,053 million rupees in March 2025, compared to ₹ 173 million rupees in March 2024. Investments decreased around 11 percent interanualization to ₹ 1.18.910 million rupees in March 2025, against ₹ 1,33,292.
Networth, which includes equity and other actions, decreased 11 percent year -on -year to ₹ 1.23,497 million rupees at the end of March 2025 (₹ 1,39,148 million rupees at the end of March 2024).
“During the middle term, our aspiration is to become one of the main companies in financial services, in terms of significant market share, innovation and ability to register products to relevant cost points for Indian clients,” said Hiteslia.
Posted on April 17, 2025