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Jio Financial Services Q1 Results: Net Profit Jumps 2.5X, Revenue Soars

in5points
Jio Financial Services reported a 2.5x increase in net profit for Q1.
Revenue saw significant growth in the quarter.
Shares closed 0.40% lower at Rs 235.65 on the NSE.
Benchmark Nifty index declined 0.02% on the same day.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani