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Jio Financial Delivers Blockbuster Q1: Profit Soars 156%, Revenue Sees 3X Growth

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  1. Jio Financial Services reported a 156% year-over-year increase in consolidated net profit to Rs 830 crore for the quarter ended June 30.

  2. Consolidated income from operations surged 227% to Rs 2,004 crore.

  3. Growth was driven by strong interest revenue and contributions from subsidiaries like Jio Payments Bank.

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Rajeev Chandrasekhar

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