Jio Financial Services to lure the customers to celebrate the Dhanteras festival season has launched SmartGold, whereby the customers can buy digital gold through Jiofinance App. SmartGold offers customers a completely digital, secure and seamless process for buying gold and redeeming their investments in exchange for cash, or gold coins, or gold jewelry. Customers can now invest in digital gold anytime, anywhere, starting as low as Rs. 10. SmartGold offers customers a completely digital, secure and seamless process for buying gold and redeeming their investments in exchange for cash, or gold coins, or gold jewelry. Customers can now invest in digital gold anytime, anywhere, starting as low as Rs. 10. Powered by Capital Market - Live

Total income jumped 14.11% to Rs 693.85 crore during the quarter as compared with Rs 608.04 crore in corresponding quarter last year. The company's interest income climbed 19.88% year on year (YoY) to Rs 204.98 crore for the quarter ended 30 September 2024. Profit before tax (PBT) stood at Rs 773.49 in Q2 FY25, up 2.53% as compared with Rs 754.43 crore in Q2 FY24. Total expenses surged 104.49% to Rs 146.07 crore while employee benefit expenses surged 117.3% to Rs 67.71 crore in Q2 FY25 over Q2 FY24. Pre-provisioning operating profit jumped 2.79% to Rs 552 crore in Q2 FY25 as compared with Rs 537 crore posted in corresponding quarter last year. Jio Financial Services is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) and engaged in business of finance, trading in futures and options, trading / investments in shares and securities. The scrip rose 0.06% to settle at Rs 330.75 on the BSE.Powered by Capital Market - Live

Total income jumped 14.11% to Rs 693.85 crore during the quarter as compared with Rs 608.04 crore in corresponding quarter last year. The company's interest income climbed 19.88% year on year (YoY) to Rs 204.98 crore for the quarter ended 30 September 2024. Profit before tax (PBT) stood at Rs 773.49 in Q2 FY25, up 2.53% as compared with Rs 754.43 crore in Q2 FY24. Total expenses surged 104.49% to Rs 146.07 crore while employee benefit expenses surged 117.3% to Rs 67.71 crore in Q2 FY25 over Q2 FY24. Pre-provisioning operating profit jumped 2.79% to Rs 552 crore in Q2 FY25 as compared with Rs 537 crore posted in corresponding quarter last year. Jio Financial Services is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) and engaged in business of finance, trading in futures and options, trading / investments in shares and securities. The scrip rose 0.39% to settle at Rs 330.55 on Friday, 18 October 2024.Powered by Capital Market - Live

Net profit of Jio Financial Services rose 3.13% to Rs 689.07 crore in the quarter ended September 2024 as against Rs 668.18 crore during the previous quarter ended September 2023. Sales rose 14.06% to Rs 693.50 crore in the quarter ended September 2024 as against Rs 608.04 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales693.50608.04 14 OPM %79.7589.14 - PBDT779.10759.83 3 PBT773.49754.43 3 NP689.07668.18 3 Powered by Capital Market - Live

Jio Financial Services will hold a meeting of the Board of Directors of the Company on 18 October 2024.Powered by Capital Market - Live

The new and improved JioFinance App, a one-stop destination for seamless and digital-first financial services, is now available on the Google Play Store, Apple App Store and MyJio, with a wide range of attractive offerings. A beta version of the JioFinance App was launched on 30 May 2024. Over six million users have experienced Jio Financial Services' (JFSL) new-age digital platform, and the valuable customer feedback received was instrumental in improving the app's overall user experience. A wide array of financial products and services have been added since the Beta launch, including Loan on Mutual Funds, Home Loans (including Balance Transfer), and Loan Against Property. These loans are available at competitive terms and will offer substantial savings for our customers. On the savings front, the digital savings account from Jio Payments Bank (JPBL), which can be opened digitally in under 5 minutes, offers a secure bank account with biometric authentication and a physical debit card. Over 1.5 million customers manage their routine, recurring expenses using their JPBL account. Additionally, features such as seamless UPI payments, mobile recharge, and ability to pay credit card bills are empowering customers to transact digitally with ease. The JioFinance app also offers customers an aggregate view of their holdings across different bank accounts and across their mutual fund holdings, helping them manage their finances better. Moreover, the JioFinance app brings as many as 24 insurance plans spanning a comprehensive suite of life, health, two-wheeler and motor insurance digitally. JFSL, along with its joint venture partner BlackRock are also working towards bringing world-class, innovative investment solutions to customers. Powered by Capital Market - Live

Jio Financial Services and BlackRock Advisors Singapore have incorporated a joint venture company named 'Jio BlackRock Investment Advisers' on 06 September' 2024, to carry on, inter alia, the primary business of investment advisory services subject to regulatory approvals. The Company will invest an amount of Rs. 3 crore towards initial subscription of 30,00,000 equity shares of face value Rs. 10/- each. The Certificate of Incorporation was received from the Ministry of Corporate Affairs, on 07 September 2024.Powered by Capital Market - Live

Jio Financial Services has subscribed to 6,80,00,000 equity shares of Rs.10/- each of Jio Payments Bank (JPBL), for cash at par, aggregating Rs. 68 crore for its business purposes. Post this investment, the Company's holding in JPBL has increased from 78.95% to 82.17%Powered by Capital Market - Live

Jio Financial Services has incorporated a wholly owned subsidiary named Jio Finance Platform and Service on 14 August 2024. The new company will carry the business of distribution of financial products and allied services. Powered by Capital Market - Live

Jio Financial Services announced that the Annual General Meeting (AGM) of the company will be held on 30 August 2024.Powered by Capital Market - Live