Jio Financial Shares Jump After Q4 Results and First Dividend – Buy or Sell Now?

Shares of Jio Financial Services, part of the Reliance group, gained 1.5% in morning trade on April 21 after the company released its financial results for the January-March 2025 quarter (Q4 FY25) and announced a dividend for the first time.

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Profit Increases, Revenue Up

The company reported a small 1.76% year-on-year increase in net profit to Rs.316 crore, compared to Rs.310.63 crore in the same quarter last year. On a quarter-on-quarter basis, profit rose 7% from Rs.294.7 crore in Q3 FY25.

While the net interest income (NII) dropped by 4.5% to Rs.268.09 crore, operational revenue grew 18% year-on-year to Rs.493.24 crore. The pre-provision operating profit also increased by 18% to Rs.374 crore.

Assets and Investments See Big Jump

Jio Financial's total assets under management (AUM) rose to Rs.10,053 crore by March 31, 2025, up from just Rs.173 crore a year ago. The company also invested Rs.1,346 crore in group companies during the year to support future growth.

First-Ever Dividend Announced

The company’s board announced a dividend of Rs.0.50 per share with a face value of Rs.10 – this is the first dividend declared by Jio Financial.

Trading Outlook: Should You Buy or Hold?

The share price touched Rs.250.25, up 1.5% from the last closing price of Rs.246.45. This is the fifth day of continuous gains.

According to market expert Anshul Jain, the stock has broken out of a bullish pattern and may move towards Rs.298 in the short term. He also mentioned Rs.262 as a resistance level. Long-term investors can consider holding the stock as it may hit new highs soon.

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