Fintech company Jio Financial Services’ (JFS) net profit zoomed 2.6X to ₹830.3 Cr in the first quarter (Q1) of FY27 from ₹324.7 Cr in the year-ago period. On a sequential basis, profit grew 205% from ₹272.2 Cr. 

Operating revenue crossed the ₹2,000 Cr mark during the June quarter, surging 227% YoY and 97% QoQ to ₹2,004.5 Cr. The company’s other income stood at ₹7 Lakh.

Meanwhile, total expenses for Q1 also skyrocketed 290% YoY to ₹1,015.8 Cr.

(The story will be updated soon)

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