Jio Financial shares in focus as Q2 profit more than doubles

Shares of Jio Financial Services are likely to be in focus after the Mukesh Ambani-promoted firm reported a 0.9% YoY rise in consolidated net profit to Rs 695 crore for Q2 FY26. Sequentially, profit more than doubled from Rs 325 crore in Q1 FY26, driven by higher operational income and strong growth in lending and asset management businesses.