Jio Financial Services shares rise 6% on strong Q1 earnings
after close1 source ↓written by the desknot a recommendation
- intraday following impressive
- 6%
- YoY
- 156%
- from operations reaching
- ₹2,004 crore
- increase in interest
- 165%
- rise in quarterly
- 2.7x
Jio Financial Services shares surged nearly 6% intraday following impressive Q1 FY27 results. The company reported a net profit of ₹830 crore, up 156% YoY, with revenue from operations reaching ₹2,004 crore. Key drivers included a 165% increase in interest income and a 2.7x rise in quarterly loan disbursements to ₹11,252 crore. 📈
This robust performance signals strong growth in its lending and financial services segments, likely boosting investor sentiment in the financial sector.
Not investment advice. For informational purposes only.