Jio Financial Services Q2 2023 Results

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights

· Total revenue from operations: ₹ 608.04 Cr · Total profit after tax: ₹ 668.18 Cr, jumps 101%

Massive Earnings from Dividend

Interest income dropped from ₹201.86 Cr in Q1 to ₹186.06 Cr in Q2. The main revenue boost came from ₹216.85 Cr dividend in the current FY Q2.

Major Announcements

· Mr. AR Ganesh was appointed as the Group's Chief Technology Officer. · JFS is likely to enter the insurance segment to cover life, general, and health insurance segments