Jio Financial Reports Higher Adjusted Profit on Lending Growth
Jio Financial Services reported a surge in adjusted operating profit for the second quarter, citing growth in its lending operations.
Jio Financial Services NSE:JIOFIN reported a sharp increase in adjusted operating profit for the second quarter on Thursday, supported by expansion in its lending business. The company listed in 2023 following its demerger from Reliance Industries NSE:R…, owned by Indian billionaire Mukesh Ambani.