Mumbai, April 17 -- Jio Financial Services Ltd posted a consolidated net profit of Rs.316.11 crore for the March quarter, a marginal increase of 1.8% over Rs.311 crore reported in the same period last year.

The board has recommended a dividend of Rs.0.50 per share for the full financial year.

Fee and commission income also rose to Rs.39 crore.

Shares of the company closed 1.73% higher at Rs.246.45 on the BSE.

Published by HT Digital Content Services with permission from India Blooms....