Jio Fincl invests INR 3 bln in arm Jio Finance Platform and Service
This story was originally published at 19:56 IST on 6 May 2026
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--Jio Fincl invests INR 3 bln in arm Jio Finance Platform and Service
MUMBAI – Jio Financial Services Ltd. Wednesday invested INR 3 billion in Jio Finance Platform and Services by subscribing to 300 million shares, the company informed exchanges. Jio Finance Platform will use the amount to fund its business operations, the company said. The aggregate investment by the Jio Financial in Jio Finance Platform till date is INR 3.35 billion.
For the March quarter, Jio Financial Services had reported a consolidated net profit of INR 2.72 billion on revenue of INR 10.19 billion. On Wednesday, shares of the company ended at INR 252.44 on the National Stock Exchange, up 1.6%. End
Reported by Meera Nair
Edited by Avishek Dutta
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