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Rohan Saha

Founder - Burn Finan...Ā ā€¢Ā 3m

Jio Financial Services reported a net profit of ā‚¹316 crore this time, and the company also announced a dividend of 0.5 paise per share. Along with that, the companyā€™s market cap is ā‚¹1,56,609 crore. Honestly, if it were any other company in its place, its market cap would barely be around ā‚¹1,000 crore and even that would be difficult assuming the company shows good growth ahead. Last year during the same period, the company had a profit of ā‚¹311 crore, so thatā€™s just an additional ā‚¹5 crore in profit. Despite that, the company is enjoying a PE ratio of 97 in the market.

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TCS's results have failed to surpass market estimates yet again this time. The company reported a revenue of ā‚¹64,479 crore, which fell short of the estimated ā‚¹64,741 crore. Additionally, the company has announced a dividend of ā‚¹30.

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