Jio Financial Services Q2 profit halves YoY to ₹340.4 Cr

Jio Financial Services' consolidated net profit fell 51% YoY to ₹340.4 Cr in Q2 FY27. Operating revenue rose 73% to ₹1,699.3 Cr but dropped 15.2% sequentially amid higher expenses and no dividend income.

• Net profit: ₹340.4 Cr, down 51% YoY and 59% QoQ
• Operating revenue: ₹1,699.3 Cr, up 73% YoY
• No dividend income versus ₹269 Cr a year earlier
• Other income fell to ₹13 lakh from ₹21.1 Cr