JIOFIN2024-04-012024-06-30 JIOFIN2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member JIOFIN2024-06-30 JIOFIN2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JIOFIN2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member JIOFIN2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543940 JIOFIN NOTLISTED Jio Financial Services Limited Equity 2024-04-01 2025-03-31 2024-07-15 2024-07-10 INR Crores First quarter 2024-07-15 17:11:00 2024-07-15 18:50:00 false Not applicable Single segment Financial Services 2024-04-01 2024-06-30 Unaudited Consolidated 1617400000.00 0.00 0.00 381700000.00 2179100000.00 0.00 0.00 0.00 4178200000.00 0.00 4178200000.00 0.00 0.00 0.00 389200000.00 0.00 53900000.00 0.00 0.00 0.00 3400000.00 347000000.00 793500000.00 3384700000.00 0.00 3384700000.00 656000000.00 221600000.00 877600000.00 2507100000.00 0.00 0.00 0.00 619200000.00 3126300000.00 58318800000.00 61445100000.00 3126300000.00 0.00 58318800000.00 0.00 63532800000.00 10 0.49 0.49 0.00 0.00 0.49 0.49 0.00 0.00 0.00 1. The above consolidated financial results of Jio Financial Services Limited (formerly known as Reliance Strategic Investments Limited) (hereinafter referred to as the Parent Company or the Company) alongwith its Subsidiaries (together referred to as the Group) and its Associates and Joint Ventures for the quarter ended June 30, 2024, have been extracted from the unaudited consolidated financial statements and prepared in accordance with the Indian Accounting Standards (Ind-AS) as notified under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 as amended and other recognised accounting practices generally accepted in India alongwith the circulars, guidelines and directions issued by the Reserve Bank of India (hereinafter referred to as the RBI) from time to time.The statutory auditors of the Company have carried out limited review on the aforesaid results in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. These consolidated financial results have been reviewed and recommended by the Audit Committee in its meeting held on July 15, 2024 and approved by the Board of Directors in their meeting held on the same date. These financial results are available on the website of the Company viz. https://www.jfs.in and on the website of BSE Limited (BSE) (www.bseindia.com) and National Stock Exchange of India Limited (NSE) (www.nseindia.com). 2. The Group, its Associates and Joint Ventures are engaged in the business of Investing & Financing, Leasing, Insurance broking, Payment Bank and Payment Aggregator & Payment Gateway services. However, these businesses currently do not satisfy the quantitative thresholds laid down under Ind AS - 108 on Operating Segment. Since, the operations of the Group, its Associates and Joint Ventures are predominantly conducted within India, there are no separate reportable geographical segment. 3.The Parent Company, pursuant to the application made to the RBI seeking registration as Core Investment Company (CIC), has received necessary approval and certificate of registration on July 09, 2024 from the RBI and thereby it has become a Non-Deposit taking Systemically Important Core Investment Company (CIC-ND-SI) with effect from that date. 4.The Parent Company, BlackRock, Inc., BlackRock Advisors Singapore Pte. Ltd. and BlackRock Financial Management, Inc. have agreed to form a Joint Venture to enter India's Asset Management Industry. Accordingly, the Parent Company and BlackRock Financial Management, Inc. made an application to Securities and Exchange Board of India on October 19, 2023, seeking approval to act as Co-sponsors of a Mutual Fund. The Parent Company, BlackRock, Inc. and BlackRock Advisors Singapore Pte. Ltd. have signed an agreement on April 15, 2024 to form a 50:50 Joint Venture for the purpose of undertaking wealth business including incorporation of a wealth management company and subsequent incorporation of a brokerage company in India. 5. The Basic and Diluted earnings per share for the quarter ended June 30, 2023 is calculated after taking into account 31,48,155 Non-Cumulative Compulsorily Convertible Preference Shares (CCPS) which were entirely in the nature of equity. 6. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2024 and the published unaudited year to date figures up to third quarter ended December 31, 2023, which were subjected to limited review by the statutory auditors of the Parent Company. 7. The figures for the previous periods have been regrouped / reclassified / restated, wherever necessary, to make them comparable with those of the current period. other Expenses 347000000.00 0.00 0.00 0.00 0.00 Remeasurement loss on defined benefit plans -2300000.00 Equity Instruments through OCI 38506400000.00 OCI in Associates and Joint Ventures 24219100000.00 62723200000.00 4404400000.00 0.00 58318800000.00