MUMBAI - Jio Financial Services, a prominent player in the financial sector, has reported a decrease in its net profit for the October-December quarter of the current financial year. The company's net profit fell to ₹293 crore ($1 = ₹82.85), a significant drop from the ₹668 crore recorded in the previous quarter.
During the same period, Jio Financial Services generated a total interest income of ₹414 crore. Despite the reported decrease in profits, the company's shares ended the trading session at ₹266.80 on the Bombay Stock Exchange (BSE) today.
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