Jio Financial Services Q4: Profit Rises 6% QoQ To INR 311 Cr
Fri, Apr 19, 2024 7:57 PM

Jio Financial Services Q4: Profit Rises 6% QoQ To INR 311 Cr

A Flip by Shubhangi Gupta
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Jio Financial Services’ consolidated operating revenue saw a marginal increase to INR 418 Cr in the reported quarter compared to INR 414 Cr in Q3 FY24. Overall, in FY24, JFS posted a net profit of INR 1,604.5 Cr on an operating revenue of INR 1,854 Cr. JFS is currently addressing the working capital needs of suppliers in the lending business.

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