Jio Financial Services Limited — Board Meeting, 17-07-2025: Outcome of Board Meeting

Jio Financial Services' board approved strong financial results for the quarter ended June 30, 2025. The company posted a consolidated total income of ₹619.46 Cr and a net profit of ₹324.66 Cr, leading to an EPS of ₹0.51. Strategically, the quarter saw significant progress in its joint venture with BlackRock, with their Mutual Fund, Investment Advisory, and Broking services all receiving necessary regulatory go-aheads. Additionally, Jio Payments Bank Limited officially became a wholly-owned subsidiary, bolstering JFSL's position in the payments sector.