Jio Financial Services Limited, formerly known as Reliance Strategic Investments Limited, witnessed a decline of over 2% in its stock price today, trading at ₹273.30, following the release of its Q3 FY25 financial results. While the company showcased revenue growth, the marginal rise in profit after tax (PAT) failed to meet market expectations, prompting a subdued response from investors.
Key Financial Highlights:
- Total Revenue (Q3 FY25): ₹449 crore, an 8.5% YoY increase from ₹414 crore in Q3 FY24.
- Profit After Tax (PAT): ₹295 crore, a marginal 0.3% YoY increase from ₹294 crore in Q3 FY24.
- Nine-Month Performance (9M FY25):
- Total revenue stood at ₹1,561 crore, up 8.6% YoY from ₹1,437 crore in 9M FY24.
- PAT for 9M FY25 rose slightly by 0.2% YoY to ₹1,294 crore from ₹1,293 crore in 9M FY24.
Operational Observations:
- Revenue growth was driven by higher interest income and steady performance in net gains on fair value changes.
- Total expenses increased to ₹119 crore in Q3 FY25, compared to ₹98 crore in Q3 FY24, due to higher staff and operational expenditures.
Stock Performance:
- Previous Close: ₹279.00
- Day’s High: ₹280.00
- Day’s Low: ₹272.30
- Market Cap: ₹1.72 lakh crore
- 52-Week High: ₹394.70
- 52-Week Low: ₹237.10
- Volume Traded: 13.94 million shares
- P/E Ratio: 108.08
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