16-January-2026
Corporate News
 
Jio Financial Services’ net profit declines by 8% in Q3 despite a 100% revenue growth; see why?
16-Jan-2026

Jio Financial Services reported an 8 per cent YoY profit decline in the third quarter of FY26. The company posted a consolidated profit of Rs 268.9 crore in Q3 FY26. The Reliance Industries group company’s consolidated profit in Q3 FY25 was Rs 294.7 crore. The company said that the profit in the quarter was offset by the higher expenses. Jio Finance’s expenses ballooned to Rs 565 crore in Q3 FY26, compared to Rs 130 crore in Q3 FY25.

News Source:- https://www.financialexpress.com/business/industry-jio-financial-services-net-profit-declines-by-8-in-q3nbsp-despite-a-100-revenue-growth-see-why-4108388/
 
 
 

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