Market News
Jio Financial Services Q4 Results: Shares fall 1.5% ahead of announcement; check earnings call time, other details
.png)
3 min read | Updated on April 17, 2025, 10:19 IST
SUMMARY
Jio Financial Services Q4 Result: Earlier this month, Jio Finance Limited (JFL), the NBFC arm of Jio Financial Services Limited, said it has introduced a fully digital Loan Against Securities (LAS) for its customers with an interest rate starting at 9.99%.
Stock list
The non-banking financial company (NBFC) will meet on April 17 to consider and approve its financial results for the January to March quarter (Q4) of FY25.
Shares of the company were trading 1.44% lower at ₹238.80 apiece on the NSE.
The company, in its exchange filing on April 14, said that the board of directors of the company is scheduled to be meet on Thursday, April 17, 2025, inter alia, to:
-
Consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2025; and
-
Recommend a dividend on equity shares of the company for the financial year ending March 31, 2025.
Besides, a presentation to analysts on the company's financial results for the quarter and year ended March 31, 2025, shall be made on April 17, 2025, at 19.30 hours IST (7:30 PM) after the Board meeting.
Step 2: Register for the event by filling in your details.
Step 3: Click on Join Event on the given date and time.
Latest updates
Earlier this month, Jio Finance Limited (JFL), the NBFC arm of Jio Financial Services Limited, said it has introduced a fully digital Loan Against Securities (LAS) for its customers with an interest rate starting at 9.99%.
The LAS offering from JFL is a secured lending product that allows customers to leverage their investments, such as shares and mutual funds, to avail loans at competitive interest rates, all within just ten minutes through a completely digital process, the company said in a statement.
In March 2025, Jio Financial Services said it would acquire SBI's entire stake in Jio Payments Bank for ₹104.54 crore.
Jio Financial currently holds an 82.17% stake in Jio Payments Bank Limited (JPBL), a joint venture of the company and State Bank of India (SBI).
In January 2025, Jio Financial Services Ltd (JFSL) said the company and its joint venture partner, US-based BlackRock, have infused ₹117 crore in the mutual fund company.
JFSL and BlackRock each have further subscribed to and have been allotted 5.85 crore equity shares of ₹10 each of Jio BlackRock Asset Management Private Limited (a 50:50 joint venture between the company and BlackRock), aggregating ₹117 crore, the company said in a regulatory filing.
Jio BlackRock Asset Management Private Ltd applied to SEBI, seeking approval.
About The Author
Next Story
