AIInc42about 3 hours ago
Jio Financial Services Crosses ₹2,000 Cr Revenue
6 min read
Jio Financial Services crossed ₹2,000 Cr in Q1 revenue, driven by its lending arm pushing AUM past ₹30,600 Cr. Net profit surged 2.6X YoY to ₹830.3 Cr, but expenses rose 291% YoY to ₹1,015.8 Cr. Reo.Dev raised $11 Mn from Elevation Capital for US expansion.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
