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Jio Financial's Q3 net profit falls 9%

January 16, 2026

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Mint Kolkata

Jio Financial Services Ltd posted 9% year-on-year decline in consolidated net profit to ₹269 crore for the December quarter, even as its operating businesses continued to scale rapidly, led by sharp growth in lending disbursements, payments volumes and asset management.

- Subhana Shaikh

Jio Financial's Q3 net profit falls 9%

Consolidated total income, excluding dividends, more than doubled to ₹901 crore on strong traction across Jio Credit’s platforms. However, profitability was hit by higher expenses and finance costs. Pre-prov

المزيد من القصص من Mint Kolkata

Mint Kolkata

Mint Kolkata

When society awards the abuser

Vairamuthu, accused by multiple women of sexual harassment, has been given the Jnanpith award. Do we care anymore?

time to read

4 mins

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Mint Kolkata

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Struggling Vi, BSNL eye infra sharing to shore up networks

Vodafone Idea and state-owned Bharat Sanchar Nigam Ltd (BSNL) have started talks on sharing towers, fibre and even spectrum, in a push to cut costs, improve network reach for both operators, and potentially accelerate 5G rollout.

time to read

2 mins

March 21, 2026

Mint Kolkata

NCLAT notice in JAL claim dispute

The National Company Law Appellate Tribunal on Friday issued notice to the monitoring committee of bankrupt Jaiprakash Associates Ltd on a plea by Velocity Enterprises, a Bhopal-based contractor, challenging the rejection of its claim under the insolvency process.

time to read

1 min

March 21, 2026

Mint Kolkata

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West Asia woes leave D-St in the red for a third week

Markets see modest recovery on Friday as US, Israel signal Iran's oil infra won't be targeted

time to read

2 mins

March 21, 2026

Mint Kolkata

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Love and revenge in the time of the coronavirus

Ashok Ferrey's new novel, set in a Sri Lankan village during covid-19, tells an amusing and unlikely love story

time to read

4 mins

March 21, 2026

Mint Kolkata

Mint Kolkata

Carbon plan for steel slows as emission data gaps force reset

India’s plan to bring its steel industry under a domestic carbon trading market has slowed after inconsistencies surfaced in emissions data collected from steel plants, forcing the government to reverify the baseline needed to set reduction targets and allocate credits, said two steel ministry officials in the know.

time to read

2 mins

March 21, 2026

Mint Kolkata

War throws up rare winner in Great Eastern Shipping

As war roils the Persian Gulf and the global economy feels its shockwaves, just across the Arabian Sea in Mumbai sits Great Eastern Shipping Co. Ltd, one of the few winners of a conflict that nobody but a few wanted.

time to read

3 mins

March 21, 2026

Mint Kolkata

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How a social network shaped India’s first digital community

Before algorithms, influencers and trolls, Twitter was a digital café where strangers connected, debated, forged friendships

time to read

6 mins

March 21, 2026

Mint Kolkata

Mint Kolkata

Is social media tiring of radical honesty?

Increasingly, creators and audiences alike feel that not every private moment needs to become a public narrative

time to read

4 mins

March 21, 2026

Mint Kolkata

It's getting dark in here

Dim lighting is the norm in high-end restaurants to create ambience, but how does one read the menu?

time to read

2 mins

March 21, 2026

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