Hold Jio Financial Services; target of Rs 286: KR Choksey
Wed, Jan 22, 2025 11:27 AM

Hold Jio Financial Services; target of Rs 286: KR Choksey

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KR Choksey's research report on Jio Financial Services: Net Interest Income for Q3FY25 was INR 2,050 Mn, marking a decline of 21.9% YoY, though it saw a 2.5% increase QoQ. PreProvision Operating Profit stood at INR 3,305 Mn, reflecting a 4.7% YoY growth driven by higher non-interest income. However, it declined by 40.1% QoQ. Profit After Tax for Q3FY25 was INR 2,948 Mn.

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