<p> New Delhi: Jio Financial Services Ltd, in its first earnings report since being carved out from Reliance Industries Ltd, on Monday reported a doubling of net profit in the second quarter from the previous three-month period.</p>.<p> The consolidated net profit in three months ended September 30 rose to Rs 668.18 crore as compared to Rs 331.92 crore in the preceding quarter, the firm said in a stock exchange filing.</p>.<p> The company's revenue rose 47 per cent to Rs 608.04 crore as against Rs 414.13 crore in the June quarter. This was partly helped by a dividend income of Rs 216.85 crore.</p>.HDFC Bank reports Q2 net profit at Rs 16,811 cr, net interest margin narrows.<p> Total costs came in at Rs 71.43 crore.</p>.<p> The firm, which had previously stated that it intends to be a 'full-service financial services' company, has not yet spelt out detailed plans. It has already announced plans to launch an asset management company.</p>.<p> JFS also has plans to enter the insurance segment.</p>.<p> Further, JFS said it has appointed AR Ganesh as Group Technology Officer. Ganesh previously was ICICI Bank's Chief Information Security Officer (CISO) having overall oversight of cybersecurity. </p>
<p> New Delhi: Jio Financial Services Ltd, in its first earnings report since being carved out from Reliance Industries Ltd, on Monday reported a doubling of net profit in the second quarter from the previous three-month period.</p>.<p> The consolidated net profit in three months ended September 30 rose to Rs 668.18 crore as compared to Rs 331.92 crore in the preceding quarter, the firm said in a stock exchange filing.</p>.<p> The company's revenue rose 47 per cent to Rs 608.04 crore as against Rs 414.13 crore in the June quarter. This was partly helped by a dividend income of Rs 216.85 crore.</p>.HDFC Bank reports Q2 net profit at Rs 16,811 cr, net interest margin narrows.<p> Total costs came in at Rs 71.43 crore.</p>.<p> The firm, which had previously stated that it intends to be a 'full-service financial services' company, has not yet spelt out detailed plans. It has already announced plans to launch an asset management company.</p>.<p> JFS also has plans to enter the insurance segment.</p>.<p> Further, JFS said it has appointed AR Ganesh as Group Technology Officer. Ganesh previously was ICICI Bank's Chief Information Security Officer (CISO) having overall oversight of cybersecurity. </p>