JIOFIN2024-10-012024-12-31 JIOFIN2024-10-012024-12-31 JIOFIN2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member JIOFIN2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member JIOFIN2024-12-31 JIOFIN2024-12-31 JIOFIN2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JIOFIN2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member JIOFIN2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member JIOFIN2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JIOFIN2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member JIOFIN2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543940 JIOFIN NOTLISTED Jio Financial Services Limited Equity 2024-04-01 2025-03-31 2025-01-17 2025-01-10 INR Crores Third quarter 2025-01-17 16:00:00 2025-01-17 16:50:00 false Not applicable Single segment Core Investment Company 2024-10-01 2024-12-31 Unaudited Consolidated 2100700000.00 0.00 0.00 369200000.00 1913600000.00 0.00 0.00 0.00 4383500000.00 105400000.00 4488900000.00 0.00 0.00 0.00 535400000.00 0.00 57600000.00 0.00 0.00 0.00 123400000.00 591100000.00 1307500000.00 3181400000.00 0.00 3181400000.00 798000000.00 26400000.00 824400000.00 2357000000.00 0.00 0.00 0.00 590800000.00 2947800000.00 -184765800000.00 -181818000000.00 2947800000.00 0.00 -184765800000.00 0.00 63531400000.00 10 0.46 0.46 0.00 0.00 0.46 0.46 1.The 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) comprising of the financial results of its Subsidiaries (together referred to as the Group) and its Associates and Joint Ventures for the quarter and nine months ended December 31, 2024, have been prepared in accordance with the Indian Accounting Standard (Ind-AS) 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 Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as the 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 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 SEBI Regulations. These consolidated financial results have been reviewed and recommended by the Audit Committee in its meeting held on January 17, 2025 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). 4a.Pursuant to the application made by the Parent Company and BlackRock Financial Management, Inc.(BlackRock), SEBI vide letter dated October 03, 2024 has granted in-principle approval to act as Co-sponsors and set up the proposed mutual fund. The application for final approval of registration with SEBI has been made on December 12, 2024, which is under consideration as on date. Pursuant to the in-principle approval of SEBI, the Parent Company and BlackRock Advisors Singapore Pte. Ltd. have incorporated Joint Venture companies namely Jio BlackRock Asset Management Private Limited and Jio BlackRock Trustee Private Limited on October 28, 2024, to carry on, inter alia, the primary business of mutual fund, subject to regulatory approvals. The Parent Company and BlackRock have made an initial investment of Rs. 82.50 crore and Rs. 0.40 crore each, by way of equity share capital of Jio BlackRock Asset Management Private Limited and Jio BlackRock Trustee Private Limited respectively. 4b.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 (JV) company named “Jio BlackRock Investment Advisers Private Limited” on September 06, 2024, to carry on, inter alia, the primary business of investment advisory services subject to regulatory approvals. During the current quarter the Parent Company and BlackRock have made an initial investment of Rs. 3 crore each by way of equity share capital of the said JV company . 5.In terms of the Scheme of Arrangement between Reliance Industries Limited (“RIL”) and its shareholders and creditors & the Parent Company …………………… Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 5767900000.00 2409400000.00 0.00 1157400000.00 6162000000.00 0.00 0.00 0.00 15496700000.00 108900000.00 15605600000.00 0.00 0.00 0.00 1601700000.00 0.00 167600000.00 0.00 0.00 0.00 164400000.00 1628000000.00 3561700000.00 12043900000.00 0.00 12043900000.00 1998700000.00 547500000.00 2546200000.00 9497700000.00 0.00 0.00 0.00 3467100000.00 12964800000.00 -214819000000.00 -201854200000.00 12964800000.00 0.00 -214819000000.00 0.00 63531400000.00 10 1327943800000.00 2.04 2.04 0.00 0.00 2.04 2.04 Other Expenses 591100000.00 Other Expenses 1628000000.00 0.00 0.00 0.00 0.00 Remeasurement Loss on Defined Benefit Plans -3300000.00 Equity Instruments through OCI -125832000000.00 Share of OCI in Associates and Joint Ventures -76925400000.00 Remeasurement Loss on Defined Benefit Plans -7900000.00 Equity Instruments through OCI -130128900000.00 Share of OCI in Associates and Joint Ventures -89461300000.00 -202760700000.00 -219598100000.00 -17994900000.00 -4779100000.00 0.00 0.00 -184765800000.00 -214819000000.00