Jio Financial Services Ltd., the financial arm of Reliance Industries, is all set to announce its fourth-quarter and full-year results for the fiscal year ended March 31, 2025, on Thursday, April 17. In a significant development, the company has also declared its intent to announce its first-ever dividend, marking a new milestone since its listing.
According to a regulatory filing made on April 14, 2025, the Board of Directors of the company will meet on April 17 to consider and approve the audited financial statements for Q4 and FY25. The agenda also includes the recommendation of a dividend on equity shares for the first time since its demerger from Reliance Industries.
“We wish to inform you that pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, April 17, 2025,” the company stated in its exchange filing.
Following the board meeting, Jio Financial will host a presentation to analysts at 7:30 p.m. IST on the same day to discuss the financial performance and the proposed dividend payout.
Earlier this year, Jio Financial Services posted a marginal year-on-year increase in net profit for Q3 FY25, reporting Rs 295 crore compared to Rs 294.8 crore in the same period last year. The company’s total income rose to Rs 449 crore from Rs 414 crore, while overall costs increased to Rs 131 crore, up from Rs 99 crore in Q3 of the previous fiscal. With the company now entering the dividend distribution phase, investor sentiment is expected to receive a positive boost, reflecting confidence in the company’s financial stability and long-term growth trajectory.
The Jio Financial share price increased by more than 2% during Tuesday’s trading session, following the announcement from the Reliance NBFC arm. Anshul Jain, Head of Research at Lakshmishree Investment and Securities, stated that Jio Financial share price has corrected nearly 49% in just 45 weeks and is now consolidating in a rectangle pattern with boundaries at ₹200 and ₹235. A breakout above ₹235 will confirm the rectangle breakout and trigger fresh momentum, as per Jain.