24 Jul, 12:34 - Indian

SENSEX 79888.13 (-0.67)

Nifty 50 24339.1 (-0.57)

Nifty Bank 50871.1 (-1.75)

Nifty IT 40076.55 (0.08)

Nifty Midcap 100 56646.85 (0.64)

Nifty Next 50 71742.15 (0.15)

Nifty Pharma 20859.3 (0.50)

Nifty Smallcap 100 18616.75 (1.18)

24 Jul, 12:34 - Global

NIKKEI 225 39154.85 (-1.11)

HANG SENG 17279.87 (-1.08)

DOW JONES 40358.09 (-0.14)

S&P 5555.74 (-0.16)

Login/Signup

Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(22 Apr 2024, 13:22)

Jio Financial rises after recording PAT of Rs 311 crore in Q4

Jio Financial Services added 3.23% to Rs 381.95 after the NBFC reported a net profit of Rs 311 crore in Q4 FY24 as against a PAT of Rs 294 crore posted in Q3 FY24.

The company’s interest income stood at Rs 280 crore for the quarter. Its total income came in at Rs 418 crore and revenue at Rs 418 crore.

In Q3 FY24, JioFin had recorded interest income and total income of Rs 269 crore and Rs 414 crore, respectively.

On the assets front, the company’s total loans, as on 31 March 2024, stood at Rs 173 crore as against Rs 41 crore as on 31 March 2023.

Cash & bank balances aggregated to Rs 10,960 crore and investments added up to Rs 1,33,292 crore as on 31 March 2024.

The company, in its investor presentation for the quarter, said that it currently operates in the vender financing business and has home loans, loans against property and loans against mutual funds in the pipeline.

Jio Financial Services is a non-banking financial company...

More News
More Company News View Company Information