Jio Financial Services543940Financial services
Jio Financial Services reported revenue more than doubling and operating profit up 85% year-on-year, but PAT fell 59% sequentially
By ScoutQuest · · 1 min read
- Operating profit growth YoY
- 85 percent
- PAT
- 340 crore rupees
- PAT decline sequentially
- 59 percent
- Lending AUM growth YoY
- 5.54 times
Heard on business television between 08:31:08 - 08:34:08 IST.
- Revenue more than doubled and operating profit rose 85% year-on-year
- PAT fell 59% sequentially to 340 crore due to lower dividend income and weaker JV contribution
- Lending AUM grew 5.54 times year-on-year
- Management clarified that the decline in payments volume was deliberate
- Analyst Ananya went with yellow rating on the stock
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Source: Live TV News Channel · 16 Oct 2026
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