Key Updates for Investors in Jio Financial Services Limited (earlier known as Reliance Strategic Investments Limited):
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Financial Results Approved:
On April 17, 2025, the Board of Directors approved the company’s audited financial statements for the year ending March 31, 2025. This includes both standalone and group (consolidated) results. The Audit Committee had recommended this approval. -
Final Dividend Proposed:
The Board has proposed a final dividend of ₹0.50 per share (face value ₹10) for the financial year. This will be confirmed by shareholders at the upcoming Annual General Meeting (AGM). The AGM and payment dates will be announced later. -
Clean Audit Report:
The company’s auditors, Lodha & Co LLP and Deloitte Haskins & Sells, gave an “unmodified” (clean) opinion. This means they found the financial results to be accurate and in line with accounting standards. -
Financial Performance Highlights:
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Group (Consolidated):
Revenue in Q4 FY25 was ₹493.24 crore – up from ₹438.35 crore in the previous quarter and ₹418.10 crore a year ago.
Profit was ₹316.11 crore – up from ₹294.78 crore last quarter and ₹310.63 crore last year. -
Standalone:
Revenue was ₹151.53 crore – higher than ₹137.37 crore in the previous quarter and ₹140.51 crore last year.
Profit was ₹97.14 crore – also higher than ₹75.18 crore last quarter and ₹77.76 crore last year.
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About Q4 Numbers:
The Q4 numbers are the difference between full-year audited figures and unaudited figures till December 2024. The earlier data was only reviewed, not fully audited. -
RBI Classification:
From July 9, 2024, the RBI classified the company as a Core Investment Company – Non-Deposit Taking and Systemically Important (CIC-ND-SI). -
Partnerships with BlackRock:
The company has joint ventures with BlackRock in mutual funds and investment advisory. These include Jio BlackRock Asset Management, Trustee, Investment Advisers, and Broking Pvt Ltd. Approvals for these are being processed. -
More Stake in Jio Payments Bank:
The Board has agreed to buy more shares in Jio Payments Bank from State Bank of India. After the deal, Jio Payments Bank will become a 100% owned part of Jio Financial Services, pending RBI approval. As of now, the company owns 85.04%. -
Equity Share Capital Reduced:
After Reliance Industries cancelled partly paid-up shares, the total share capital of Jio Financial Services was reduced as of October 22, 2024.
These points give a clear picture of the company’s performance, major decisions, and developments that investors should know. For full details, check the audited financial results and auditors’ reports on the company’s website (www.jfs.in) or on the BSE and NSE websites.
