Jio Financial Services Q4 results: Net profit plunges 80% YoY to ₹310.6 crore, revenue drops 77%

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1 min read 19 Apr 2024, 05:58 PM IST checkcibilBtn

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Jio Financial Services Q4 results: The gross of the institution dropped from ₹1,853.8 crore successful Q4FY23 to ₹418.1 crore January to March 4th of FY24

 People basal   adjacent  to a logo of Jio Financial Services up  of its listing ceremonial  astatine  the Bombay Stock Exchange successful  Mumbai (REUTERS)Premium Jio Financial Services Q4 results: People basal adjacent to a logo of Jio Financial Services up of its listing ceremonial astatine the Bombay Stock Exchange successful Mumbai (REUTERS)

Jio Financial Services Limited connected Friday released their January to March 4th results and posted a consolidated nett net of 310.6 crore. The institution witnessed a whopping 80% year-on-year (YoY) diminution successful its nett net which were recorded astatine 1,604.5 during the twelvemonth agone period. The gross from operations of the Jio Financial Services declined 77% from 1,853.8 crore successful Q4FY23 to 418.1 crore successful the play nether review. 

This is simply a processing story, volition beryllium updated with much inputs 

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Published: 19 Apr 2024, 05:51 PM IST

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