JIOFIN

Jio Financial Services (JFSL), the financial arm of Reliance Industries, announced its financial results for the June-ended quarter (Q1 FY27) after market hours on Thursday, reporting a consolidated net profit of ₹830 crore, a sharp 156% jump from ₹325 crore in the corresponding quarter last year. On a sequential basis, net profit surged 205% from ₹272 crore reported in the March quarter (Q4 FY26). Revenue from operations also witnessed robust growth, rising to ₹2,004 crore from ₹612 crore in the preceding quarter, registering a 223% sequential increase.