Monday, July 28, 2025
HomeStock MarketJio Financial shares in focus after Q1 profit rises 4% YoY, revenue...

Jio Financial shares in focus after Q1 profit rises 4% YoY, revenue surges up 47%



https://img.etimg.com/thumb/msid-122716498,width-1200,height-630,imgsize-18554,overlay-etmarkets/articleshow.jpg

Shares of Jio Financial Services are likely to remain in focus on Friday after the company reported a 3.8% year-on-year (YoY) growth in consolidated net profit for the first quarter of FY26 at Rs 325 crore, compared to Rs 313 crore in the year-ago period. Revenue from operations rose sharply by 47% to Rs 612 crore, up from Rs 418 crore in Q1FY25.

On a sequential basis, profit after tax (PAT) increased 2.8% from Rs 316 crore in Q4FY25, while revenue was up 24% from Rs 493 crore reported in the previous quarter.

Total expenses for the quarter stood at Rs 261 crore, up from Rs 169 crore in Q4FY25 and Rs 79.35 crore in Q1FY25. These included finance costs, employee benefit expenses, and other operating costs.

The company earned Rs 363 crore as interest income during the quarter, compared to Rs 276 crore in Q4FY25 and Rs 162 crore in Q1FY25. Income from fees, commissions, and other services came in at Rs 53 crore, up from Rs 39 crore in the March quarter and Rs 38 crore in the same quarter last year.

Also Read: SBI, Federal Bank among 11 banks that saw NPA improvement in Q4

Jio Financial Services share price target


According to Trendlyne, the average target price for Jio Financial Services is Rs 272, indicating a potential downside of nearly 15% from current levels. Among 2 analysts tracking the stock, the consensus rating is ‘Hold’.On the technical front, the stock is in a neutral trend. The Relative Strength Index (RSI) is at 56—within a balanced range—while the MACD is at 9.8, currently above the centre line but below the signal line.Also Read: 9 undervalued mid-cap stocks with upside potential of up to 23%

The stock is trading above all key long-term moving averages (30-day, 50-day, 100-day, 150-day, and 200-day), indicating strength in the broader uptrend. However, it is currently trading below short-term averages such as the 5-day, 10-day, and 20-day simple moving averages (SMAs).

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Social Media Auto Publish Powered By : XYZScripts.com