Jio Financial Services (JFSL), the NBFC recently established by Mukesh Ambani, reported its inaugural quarterly result, revealing a consolidated profit after tax (PAT) of Rs 668 crore for the quarter ending September 30. This marked a significant increase from Rs 332 crore in the April-June quarter. JFSL’s total revenue from operations experienced a 48% sequential growth to reach Rs 608 crore. The revenue composition included interest income, dividend income, fees and commission income, and net gains on fair value changes. With minimal expenses of Rs 71.43 crore, JFSL announced the appointment of A R Ganesh as the group chief technology officer.