Jio Financial Services (JIOFIN) — Board Meeting

Jio Financial Services Limited reported FY2025 revenue of ₹493.22 crores, a 12.8% YoY increase, and profit before tax of ₹168.66 crores, up 29.2% YoY, reflecting strong operational growth. The board recommended a final dividend of ₹0.50 per share for FY2025, subject to shareholder approval. The company completed key strategic moves, including forming joint ventures with BlackRock in asset management and wealth services, investing over ₹160 crores in these ventures, and planning the acquisition of a 7,90,80,000 equity share stake in Jio Payments Bank Limited for ~₹104.54 crores to achieve full ownership. Additionally, the RBI classified Jio Financial as a Non-Deposit Taking Systemically Important Core Investment Company (CIC-ND-SI) as of July 9, 2024, affirming its systemic significance. The audit was unmodified by both LODHA & CO LLP and Deloitte Haskins & Sells, validating financial accuracy.

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About Jio Financial Services Limited (JIOFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹1,53,892.82 Cr P/E: 92.1

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