Jio Financial Services Q3 Results Live Updates: Jio Financial Services, the billionaire Mukesh Ambani-owned non-banking finance company (NBFC), will announce its Q3 results today. The company has notified the stock exchanges about the announcement of its earnings for the third quarter of FY25 on January 17. Jio Finance share price was trading flat ahead of its Q3 results announcement. The stock has dropped over 17% in the past one month, while it has gained 15% in one year. Jio Financial Services is a provider of loans, savings accounts, UPI bill payments and digital insurance services to its customers. The company commands a market capitalisation of more than ₹1.76 lakh crore. Stay tuned to our Jio Financial Services Q3 Results Live blog for the latest updates.
Jio Financial Services Q3 Results Live: Technical charts show potential bullish reversal pattern for Jio Finance stock: Anshul Jain
Jio Financial Services Q3 Results Live: Jio Finance is showing promising signs with its IPO base breakout levels nearing ₹262. The weekly chart is highlighting a hammer candle, a bullish reversal pattern, indicating potential for further upward momentum. Investors with an 18-month horizon may find this an attractive entry point, as the long-term prospects appear strong. However, for short-term traders, there are currently no immediate trading opportunities, as the stock is consolidating near key levels. Patience is required, but for those looking to invest with a medium-to-long-term perspective, JioFinance offers a favorable setup for growth over the coming months, said Anshul Jain, Head of Research at Lakshmishree Investment and Securities.
Jio Financial Services Q3 Results Live: Jio Financial Services stock price trend
Jio Financial Services Q3 Results Live: Jio Financial Services share price has fallen over 17% in one month and the NBFC stock is down more than 19% in the past six months. On a one-year basis, Jio Finance stock price has delivered 15% returns.
Jio Financial Services Q3 Results Live: Should you buy Jio Finance stock ahead of Q3 results today?
Jio Financial Services Q3 Results Live: Jio Financial Services shares have fallen 18% in one month and analysts expect the stock is bottoming out.
“Jio Finance stock seems to be bottoming out. Traders can buy the stock on dips and at current market price. The first target is ₹300 and the second target is ₹305. Stop loss should be kept at ₹265 level,” said Ganesh Dongre, Senior Manager – Technical Research at Anand Rathi.
Jio Financial Services Q3 Results Live: Revenue in Q2 rose 14% YoY
Jio Financial Services Q3 Results Live: Jio Financial Services reported a 14% increase in revenue from operations for the second quarter of the current fiscal, reaching ₹693.5 crore, up from ₹608.04 crore in the same quarter last year. However, total expenses surged to ₹146 crore in the September quarter, more than double the ₹71 crore reported in the corresponding period of the previous year.
Jio Financial Services Q3 Results Live: Firm posts net profit of ₹689 crore in Q2FY25
Jio Financial Services Q3 Results Live: Jio Financial Services reported a 3.1% increase in consolidated net profit at ₹689 crore for the second quarter of FY25, as against ₹668 crore in the corresponding period last year. The company’s net profit surged by 120% compared to ₹312.63 crore in the June quarter.
Jio Financial Services Q3 Results Live: Jio Finance shares gain ahead of Q3 results
Jio Financial Services Q3 Results Live: Jio Financial Services share price gained over a percent ahead of the Q3 results announcement today. Jio Finance shares rose as much as 1.68% to an intraday high of ₹281.40 apiece on the BSE. The stock opened at ₹279.70 as against previous close of ₹276.75.
Jio Financial Services Q3 Results Live: Jio Finance board mee today to consider Q3 results
Jio Financial Services Q3 Results Live: The meeting of the Board of Directors of the Company is scheduled to be held on Friday, January 17, 2025, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter and nine months ended December 31, 2024.
Jio Financial Services Q3 Results Live: Jio Financial Services to declare Q3 results today
Jio Financial Services Q3 Results Live: Jio Financial Services, the billionaire Mukesh Ambani-owned non-banking finance company (NBFC), will announce its Q3 results today. The company has notified the stock exchanges about the announcement of its earnings for the third quarter of FY25 on January 17.
