Jio Financial Services Reports Q2 Consolidated Profit of 3.40 Billion Rupees

Jio Financial Services NSE:JIOFIN reported a 51% fall in second-quarter profit on Thursday, as higher costs offset growth across its businesses, especially in lending operations.The firm, which listed in 2023 after a demerger from Indian billionaire Mukesh Ambani's Reliance Industries NSE:RELIANCE1…