Board of Directors of Jio Financial Services Ltd will convene meeting on April 17, 2025 to consider and approve financial results of the company. They will also recommend first ever dividend on April 17 for the financial year ended March 31, 2025. Jio Financial Services Ltd share price settled with sharp rally of 4.19% to Rs 230.15 per share on Bombay Stock Exchange on April 11, 2025 when Sensex settled with steep surge of 1310.11 points to 75,157.26. Jio Financial Services shares rallied 3.51% in last 1-week and slipped 37.85% in last 1-year.
The company has a market capitalisation of Rs 1,46,217.55 crore. Life Insurance Corporation Of India has 6.13% stake in Jio Financial with 389,272,710 shares of the company. The stake was similar in September quarter and it stood at 6.65% for June 2024 quarter. Check more details below:
Jio Financial Services Ltd To Consider Financial Results, Dividend
According to the exchange filing of Jio Financial Services Ltd dated April 14, 2025, “A meeting of the Board of Directors of the Company is scheduled to be held on Thursday, April 17, 2025, inter alia, to:
1. consider and approve the standalone and consolidated audited financial results of the Company for the quarter and year ended March 31, 2025; and
2. recommend dividend on equity shares of the Company for the financial year ended March 31, 2025.”
Jio Financial Services Dividend History
The company never recommended any dividend so far. If the company announced dividend on April 17, 2025, it will be its maiden dividend. It has not yet declared any bonus share and stock split as well.
Jio Financial Services Shares Performance
The 52-week high of Jio Financial Services share price on BSE is Rs 394.70 per share (as on 23/04/2024) and 52-week low price is Rs 198.60 per share (as on 03/03/2025), respectively. Jio Financial Services share price registered gain of 5.86% in last 1-month. In comparison, Sensex rallied 1.42% in last 1-month and BSE Financial Services Index surged 5.93%. The scrip slipped 24.42% year-to-date and plunged 37.85% in last 1-year.
Jio Financial Services Shares Drop 41.69% From 52-Week High
Jio Financial Services stock recorded steep fall of 41.69% from 52-week high price of Rs 394.70 per share, if we take its last trading price of Rs 230.15 in to consideration.
Jio Finance Limited Forayed Into Digital Loan Against Securities
Earlier on April 8, 2025, “Jio Finance Limited (JFL), the NBFC arm of Jio Financial Services Limited, introduced fully digital Loan Against Securities (LAS) for its customers. The LAS offering from JFL is a secured lending product that allows customers to leverage their investments, such as shares and mutual funds, to avail loans at competitive interest rates, all within just ten minutes through a completely digital process.”
Available through the JioFinance app, a one-stop destination for seamless and digital-first financial services, LAS – comprising Loan Against Shares and Loan Against Mutual Funds – is designed to meet the financial needs of customers, without requiring them to sell their securities. Customers can avail loans up to Rs. 1 crore with interest rates starting at 9.99%, tailored to their individual risk profile, added the press release.
Jio Financial Services Financials
The company declared its net profit for the December 2024 quarter at Rs 75.18 crore from Rs 304.83 crore reported in September 2024 quarter. The EPS of the company for the December 2024 quarter announced at Re 0.12 which was reported at Re 0.48 in September 2024.
Disclaimer: The story highlights dividend, upcoming results and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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