Jio Financial's profit dips 8% YoY despite 105% rise in revenue

Jio Financial Services reported over 8% year-on-year decline in profit in the third quarter of FY26, posting a consolidated profit of ₹268.9 crore compared to ₹294.7 crore in Q3 FY25. Notably, revenue from operations doubled to ₹900 crore during the quarter from ₹438.3 crore in the corresponding quarter of FY25. The profit was offset by the higher expenses, company said.

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