Jio Financial Just Posted a 6% Profit Surge — But Why Did the Stock Drop?
Jio Financial Services Ltd. (JFSL) reported a healthy 6% rise in its consolidated net profit for the quarter ending March 2024 (Q4 FY24), reaching ₹311 crore. This is up from ₹294 crore in the previous quarter, showing continued momentum in its financial services business. The company’s total income for the quarter also edged up slightly … Read more