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Jio Financial ends higher after SEBI grants registration certificate to Jio BlackRock Broking
27-Jun-2025 | 17:11
Jio Financial Services advanced 3.57% to Rs 323.55 after the Securities and Exchange Board of India, has granted a certificate of registration dated 25 June 2025 to Jio BlackRock Broking (JBBPL) to act as a stock broker / clearing member.
The announcement was made during market hours today.
Jio Financial Services (JFSL) is a core investment company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Finance, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank.
The company had reported 1.8% increase in consolidated net profit to Rs 316.11 crore on 18% jump in revenue from operations to Rs 493.24 crore in Q4 FY25 over Q4 FY24.
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