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News 2026-10-16 05:11 UTC

Jio Financial Services Reports 2QFY27 NII Growth of 165%

Motilal Oswal's report says Jio Financial Services' 2QFY27 net interest income grew about 165% year over year to INR6.8 billion, around 18% above estimates. Other income fell about 28% to INR4.4 billion, while operating expenses rose about 91% to INR5.5 billion, 14% above estimates.