Jio Financial Services Q1 Results Live : Jio Financial Services declared their Q1 results on 15 Jul, 2024, with the topline increasing by 10.64% and the profit soaring by 3354.67% YoY.
However, when compared to the previous quarter, the revenue declined by 35.77%, while the profit saw a slight increase of 0.64%.
The Selling, general & administrative expenses showed a decline of 1.04% q-o-q but a significant increase of 134.35% Y-o-Y.
Similarly, the operating income was down by 42.07% q-o-q but surged by 654.72% Y-o-Y.
The EPS for Q1 stands at ₹0.49, marking a 33.71% increase Y-o-Y.
In terms of returns, Jio Financial Services delivered 2.12% in the last 1 week, 33.35% in the last 6 months, and 52.69% YTD return.
At present, Jio Financial Services commands a market cap of ₹225986.3 Cr with a 52-week high/low of ₹394.7 & ₹202.8 respectively.
Jio Financial Services Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 199.91 | 311.25 | -35.77% | 180.69 | +10.64% |
| Selling/ General/ Admin Expenses Total | 38.92 | 39.33 | -1.04% | 16.61 | +134.35% |
| Depreciation/ Amortization | 5.39 | 5.36 | +0.56% | 13.35 | -59.63% |
| Total Operating Expense | 79.35 | 103.12 | -23.05% | 164.72 | -51.83% |
| Operating Income | 120.56 | 208.13 | -42.07% | 15.97 | +654.72% |
| Net Income Before Taxes | 400.39 | 392.67 | +1.97% | 10.58 | +3684.8% |
| Net Income | 312.63 | 310.63 | +0.64% | 9.05 | +3354.67% |
| Diluted Normalized EPS | 0.49 | 0.49 | +0.05% | 0.37 | +33.71% |