Jio Financial Services Q1: Profit Surges 2.6X YoY To ₹830 Cr

Fintech company Jio Financial Services’ (JFS) net profit zoomed 2.6X to ₹830.3 Cr in the first quarter (Q1) of FY27 from ₹324.7 Cr in the year-ago period. On a sequential basis, profit grew 205% from ₹272.2 Cr. Operating revenue crossed the ₹2,000 Cr mark during the June quarter, surging 227% YoY and 97% QoQ to ₹2,004.5 Cr.