JIO Financial Services has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported over 3-fold jump in its net profit at Rs 304.83 crore for the quarter ended September 30, 2024 as compared to Rs 88.76 crore for the same quarter in the previous year. Total income of the company increased by 157.29% at Rs 383.11 crore for Q2FY25 as compared to Rs 148.90 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 3.13% rise in net profit at Rs 689.07 crore for Q2FY25 as compared to Rs 668.18 crore for the same quarter in the previous year. Total income of the company increased by 14.11% at Rs 693.85 crore for Q2FY25 as compared to Rs 608.04 crore for the corresponding quarter previous year.