JIOFIN2024-07-012024-09-30 JIOFIN2024-07-012024-09-30 JIOFIN2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member JIOFIN2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member JIOFIN2024-09-30 JIOFIN2024-09-30 JIOFIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JIOFIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member JIOFIN2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member JIOFIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JIOFIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member JIOFIN2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543940 JIOFIN NOTLISTED Jio Financial Services Limited Equity 2024-04-01 2025-03-31 2024-10-18 2024-10-11 INR Crores Half yearly 2024-10-18 16:00:00 2024-10-18 17:35:00 true Cash Flow Indirect Not applicable Single segment Core Investment Company 2024-07-01 2024-09-30 Unaudited Consolidated 2049800000.00 2409400000.00 0.00 406500000.00 2069300000.00 0.00 0.00 0.00 6935000000.00 3500000.00 6938500000.00 0.00 0.00 0.00 677100000.00 0.00 56100000.00 0.00 0.00 0.00 37600000.00 689900000.00 1460700000.00 5477800000.00 0.00 5477800000.00 544700000.00 299500000.00 844200000.00 4633600000.00 0.00 0.00 0.00 2257100000.00 6890700000.00 -88372200000.00 -81481500000.00 6890700000.00 0.00 -88372200000.00 0.00 63532800000.00 10 1.09 1.09 0.00 0.00 1.09 1.09 3.The above consolidated financial results of Jio Financial Services Limited (formerly known as Reliance Strategic Investments Limited)(hereinafter referred to as Parent Company or Company) alongwith its Subsidiaries(together referred to as Group) its Associates and Joint Ventures for the quarter and half year ended Sep 30, 2024 have been prepared in accordance with the Indian Accounting Standard 34 Interim Financial Reporting as notified under section 133 of the Companies Act 2013 read with the relevant rules issued thereunder and in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015(hereinafter referred to as SEBI Regulations) 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 RBI) from time to time.The statutory auditors of the Company have carried out limited review on the aforesaid results in accordance with Reg 33 of the SEBI Regulations.These consolidated financial results have been reviewed and recommended by the Audit Committee in its meeting held on Oct 18, 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 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).4.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.5.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 AS108 on Operating Segment Since the operations of the Group, its Associates & Joint Ventures are predominantly conducted within India there are no separate reportable geographical segment.6.a 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.(BlackRock) made an application to SEBI on Oct 19, 2023 seeking approval to act as Co-sponsors of a Mutual Fund.SEBI vide letter dated Oct 3, 2024 has since granted in-principle approval to the Parent Company and BlackRock to act as Co-sponsors and set up the proposed mutual fund. The final approval for registration will be granted by SEBI on fulfillment by the Company and BlackRock of the requirements as specified in this regard.6.b.Further 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.Pursuant to this the Parent Company and BlackRock Advisors Singapore Pte. Ltd have incorporated a Joint Venture company named Jio BlackRock Investment Advisers Pvt Ltd on Sep6, 2024 to carry on inter alia the primary business of investment advisory services subject to regulatory approvals.There being no transaction in the said Joint Venture company subsequent to the incorporation till Sep 30, 2024 the same does not have any impact in these financial results.... Single segment 2024-04-01 2024-09-30 Unaudited Consolidated 3667200000.00 2409400000.00 0.00 788200000.00 4248400000.00 0.00 0.00 0.00 11113200000.00 3500000.00 11116700000.00 0.00 0.00 0.00 1066300000.00 0.00 110000000.00 0.00 0.00 0.00 41000000.00 1036900000.00 2254200000.00 8862500000.00 0.00 8862500000.00 1200700000.00 521100000.00 1721800000.00 7140700000.00 0.00 0.00 0.00 2876300000.00 10017000000.00 -30053400000.00 -20036400000.00 10017700000.00 0.00 -30053400000.00 0.00 63532800000.00 10 1.58 1.58 0.00 0.00 1.58 1.58 Other Expenses 689900000.00 Other Expenses 1036900000.00 772400000.00 50550600000.00 0.00 266800000.00 0.00 12061100000.00 1374387000000.00 740800000.00 1438778700000.00 0.00 1187200000.00 0.00 0.00 0.00 322600000.00 0.00 46100000.00 1004800000.00 337300000.00 547600000.00 3445600000.00 1442224300000.00 63532800000.00 1307907600000.00 1371440400000.00 0.00 0.00 11500000.00 377200000.00 0.00 0.00 0.00 0.00 0.00 0.00 549900000.00 938600000.00 0.00 302100000.00 69310600000.00 232600000.00 69845300000.00 1442224300000.00 Remeasurement gain / (Loss) on defined benefit plans -2400000.00 Equity Instruments through OCI -42803300000.00 Share of OCI in Associates and Joint Ventures -36755100000.00 Remeasurement gain / (Loss) on defined benefit plans -4700000.00 Equity Instruments through OCI -4296900000.00 Share of OCI in Associates and Joint Ventures -12536000000.00 -79560800000.00 -16837600000.00 8811400000.00 13215800000.00 0.00 0.00 -88372200000.00 -30053400000.00 0.00 0.00 217300000.00 0.00 0.00 0.00 0.00 -10347600000.00 320700000.00 -123800000.00 0.00 0.00 0.00 110000000.00 41000000.00 0.00 0.00 0.00 0.00 0.00 2409400000.00 3667200000.00 0.00 -4248400000.00 0.00 0.00 0.00 0.00 0.00 -20107400000.00 -11244900000.00 0.00 0.00 142900000.00 1536300000.00 0.00 -12638300000.00 0.00 0.00 129675500000.00 180825400000.00 0.00 1635000000.00 0.00 0.00 0.00 69900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4026600000.00 5556300000.00 0.00 56010800000.00 0.00 12738900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100600000.00 0.00 100600000.00 671800000.00 772400000.00