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Mukesh Ambani’s new Nevali company earned double profit in 3 months, how? – The Daily Connection

TDC: Mukesh Ambani’s new company Jio Financial has released its quarterly results for the first time after being listed in the stock market. The special thing is that the company’s profit has doubled in the second quarter as compared to the first quarter. Earlier, the quarterly results of the company came under Reliance Industries. In the month of August, Jio Financial was separated from Reliance Industries. After which the results of the company have been seen for the first time.

Profit more than doubled

According to the information, Jio Financial Services has released the results of the second quarter of the current financial year. According to the data, the company has made a net profit of Rs 668 crore in the months of July to September. Which is 101 percent more than the June quarter. In the first quarter, the company’s net profit was Rs 331.92 crore. If we talk about the company’s interest income, it is Rs 186 crore. Which is Rs 16 crore less than the first quarter. In the first quarter, the company’s interest income was Rs 202 crore.

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These two officers were appointed

On the other hand, while giving information to the stock market, the company said that from October 16, 2023, the company has appointed AR Ganesh as Group Chief Technology Officer. Before this, Ganesh Ganesh was working as Chief Information Security Officer in ICICI Bank, the country’s second largest private bank. Apart from this, he was also keeping a close watch on cyber security.

Slight rise in Jio Financial shares

If we talk about the shares of Jio Financial Services, then before the results came, there was a slight rise in the shares of the company. The company’s shares closed at Rs 224.85 with a rise of 0.13 per cent on BSE on Monday, October 16. The company’s shares also reached Rs 225.95 during the trading session. Today the company’s shares opened with a rise at Rs 225. According to the data available on the stock exchanges, the market cap of the company is around Rs 1.43 lakh crore.

Source: www.tv9hindi.com

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