Jio Financial Share Price Jumps 2.56% on March 04, 2025

On March 04, 2025, Jio Financial share price traded 2.56% higher at ₹206.10 at 11:13 AM (IST). Jio Financial’s share price reached a 52-week high of ₹394.70 on April 23, 2025, and a 52-week low of ₹198.60 on March 03, 2025. As per BSE, the total traded volume for the stock stood at 16.69 lakh shares with a turnover of ₹33.94 crore.

At the current price, Jio Financial shares are trading at a price-to-earnings (P/E) ratio of 241.09x, based on its trailing 12-month earnings per share (EPS) of ₹0.83, and a price-to-book (P/B) ratio of 5.14, according to exchange data.

Shareholding Details

As of December 31, 2024, Jio Financial promoters held 47.12% of the shares, Foreign Institutional Investors (FIIs) owned 15.62%, and Domestic Institutional Investors (DIIs) held 12.46%.

Jio Financial Q3 FY25 Results

Jio Financial Services Ltd (JFSL), the financial arm of Mukesh Ambani-led Reliance Industries Ltd (RIL), reported a marginal 0.3% increase in net profit for the third quarter ended December 31, 2024.

The company’s net profit stood at ₹294.8 crore, slightly up from ₹293.8 crore in the same period last year.

Revenue Growth and Market Performance

JFSL’s revenue from operations grew by 6% year-on-year, reaching ₹438.4 crore, compared to ₹413.6 crore in Q3 FY24.

The company announced its financial results after the market closed, with its stock closing at ₹279.05 on the BSE, up ₹2.30 or 0.83%.

Strong Asset Growth and CASA Expansion

The company’s assets under management (AUM) witnessed significant growth, surging to ₹4,199 crore in Q3 FY25 from ₹1,206 crore in Q2 FY25. Additionally, Jio Financial Services’ payments bank segment recorded a 25% quarter-on-quarter increase in its Current Account and Savings Account (CASA) customer base, reaching 1.89 million.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.