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Jio Financial edges higher after Q1 PAT rises over twofold to Rs 830 crore in Q1
17 Jul 2026
Jio Financial Services added 3.84% to Rs 244.70 after the company's consolidated net profit jumped to Rs 830 crore in Q1 FY27 from Rs 325 crore in Q1 FY26, thereby registering a growth of 156% on year-on-year (YoY) basis.
Total income for the period under review rose by 141% YoY to Rs 1,496 crore. Total expenses climbed 291% YoY to Rs 991 crore in Q1 FY27 due to higher finance costs (up 323% YoY), higher staff expenses (up 139% YoY) and higher other operating expenses (up 362% YoY). Pre-provisioning operating profit increased by 38% to Rs 505 crore in June 2026 quarter from Rs 366 crore in the same period last year. Provisions for Q1 FY27 were Rs 25 crore as against Rs 7 crore in Q1 FY26. The company also reported dividend income of Rs 509 crore during the quarter. Accordingly, profit before tax in Q1 FY27 stood at Rs 970 crore, up by 131% from Rs 419 crore in Q1 FY26. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. Powered by Capital Market - Live News
Jio Financial Services Ltd spurts 0.28%, up for five straight sessions
18 Jun 2026
Jio Financial Services Ltd is quoting at Rs 243.67, up 0.28% on the day as on 12:44 IST on the NSE. The stock is down 14.23% in last one year as compared to a 2.73% fall in NIFTY and a 0.85% fall in the Nifty Financial Services.
Jio Financial Services Ltd rose for a fifth straight session today. The stock is quoting at Rs 243.67, up 0.28% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 24117.25. The Sensex is at 77266.23, up 0.14%. Jio Financial Services Ltd has added around 4.45% in last one month. Meanwhile, Nifty Financial Services index of which Jio Financial Services Ltd is a constituent, has added around 4.9% in last one month and is currently quoting at 26404.95, up 0.44% on the day. The volume in the stock stood at 51.74 lakh shares today, compared to the daily average of 120.28 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 244.05, down 0.02% on the day. Jio Financial Services Ltd is down 14.23% in last one year as compared to a 2.73% fall in NIFTY and a 0.85% fall in the Nifty Financial Services index. The PE of the stock is 235.87 based on TTM earnings ending March 26. Powered by Capital Market - Live News
Jio Financial Services Ltd up for five straight sessions
25 May 2026
Jio Financial Services Ltd is quoting at Rs 241.52, up 1.4% on the day as on 12:44 IST on the NSE. The stock is down 14.28% in last one year as compared to a 4.17% fall in NIFTY and a 2.29% fall in the Nifty Financial Services.
Jio Financial Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 241.52, up 1.4% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 23958.55. The Sensex is at 76230.39, up 1.08%. Jio Financial Services Ltd has dropped around 4.78% in last one month. Meanwhile, Nifty Financial Services index of which Jio Financial Services Ltd is a constituent, has dropped around 0.69% in last one month and is currently quoting at 25531.5, up 1.77% on the day. The volume in the stock stood at 63.33 lakh shares today, compared to the daily average of 162.52 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 241.1, up 1.17% on the day. Jio Financial Services Ltd is down 14.28% in last one year as compared to a 4.17% fall in NIFTY and a 2.29% fall in the Nifty Financial Services index. The PE of the stock is 231.21 based on TTM earnings ending March 26. Powered by Capital Market - Live News
Jio Financial Services rises on signing pact with Allianz to form insurance JV
23 Apr 2026
Jio Financial Services advanced 2.43% to Rs 244.20 after the company said that it has entered into a binding agreement with Allianz Group (Allianz) to form a 50:50 primary insurance joint venture (JV).
The JV, covering the general insurance and health insurance segments, would serve the rapidly expanding Indian insurance sector. The partnership combines two financial services firms to offer protection products tailored to Indian individuals and businesses. Customers benefit from JFSL's digital reach and local market knowledge along with Allianz's insurance products and expertise. The JV will launch operations upon receipt of the necessary statutory and regulatory approvals. JFSL and Allianz are also working towards a separate binding agreement for life insurance business in India. Mukesh D. Ambani said: I am proud to partner with Allianz, one of the world's most respected insurance groups, across the insurance value chain as our exclusive insurance partner. I believe that the combination of Jio's unmatched digital consumer reach and Allianz's deep global insurance expertise is uniquely powerful. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. The company reported 13.88% drop in consolidated net profit to Rs 272.22 crore despite 106.49% surge in revenue from operations to Rs 1018.51 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live News
Jio Financial Services drops after Q4 PAT slumps 14% YoY to Rs 272 cr
20 Apr 2026
Jio Financial Services fell 1.80% after the company reported 13.88% drop in consolidated net profit to Rs 272.22 crore despite 106.49% surge in revenue from operations to Rs 1018.51 crore in Q4 FY26 over Q4 FY25.
Profit before tax fell 14.47% YoY to Rs 338.53 crore in the quarter ended 31st March 2026. The company's consolidated pre-provision operating profit(PPOP) stood at Rs 327 crore in Q4 FY26. PPOP was impacted by the consolidation of JPBL's financials on a line-by-line basis as a 100% subsidiary with effect from 18 June 2025, continued investments in scaling growth companies and incubating businesses in nascent stages and geopolitics-led volatility impacted treasury income on a higher capital base. NBFC's Assets Under Management (AUM) stood at Rs 25,711 crore in Q4 FY26, up 156% YoY. Under Jio Payments Bank, total income increased stood at Rs 87 crore, up 11x YoY. Total deposits jumped 84% to Rs 544 crore in Q4 FY26, compared with Rs 295 crore in Q4 FY25. During the quarter, Jio Payment Solutions reported total payment value of Rs 15,000 crore in Q4 FY26 as against Rs 6,000 crore in Q4 FY25. Gross fee and commission income soared 378% from 18 crore in Q4 FY25 to Rs 84 crore in Q4 FY26. In Jio Credit segment, net interest income (NII) stood at Rs 202 crore for the quarter, up 149.38% YoY On an annual basis, the company's consolidated net profit fell 3.21% to Rs 1,560.90 crore in FY26 compared with Rs 1,612.59 crore in FY25. Revenue from operations jumped 71.97% YoY to Rs 3,513.26 crore in FY26. Meanwhile, the company's board recommended a final dividend of Rs 0.60 per equity share of face value Rs 10 each for financial year ended 31st March 2026. Further, the board accepted the request of Abhishek Haridas Pathak to step down from the position of group chief financial officer (CFO) effective from 20 April 2026. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. Q4 FY26 results, net profit decline, revenue growth, AUM growth, Jio Payments Bank, Jio Credit, dividend announcement, CFO resignation, Reliance Group
Jio Financial Services Q4 PAT slumps 14% YoY to Rs 272 cr
18 Apr 2026
Jio Financial Services reported 13.88% drop in consolidated net profit to Rs 272.22 crore despite 106.49% surge in revenue from operations to Rs 1018.51 crore in Q4 FY26 over Q4 FY25.
Jio Financial Services reported 13.88% drop in consolidated net profit to Rs 272.22 crore despite 106.49% surge in revenue from operations to Rs 1018.51 crore in Q4 FY26 over Q4 FY25. Profit before tax fell 14.47% YoY to Rs 338.53 crore in the quarter ended 31st March 2026. The company's consolidated pre-provision operating profit(PPOP) stood at Rs 327 crore in Q4 FY26. PPOP was impacted by the consolidation of JPBL's financials on a line-by-line basis as a 100% subsidiary with effect from 18 June 2025, continued investments in scaling growth companies and incubating businesses in nascent stages and geopolitics-led volatility impacted treasury income on a higher capital base. NBFC's Assets Under Management (AUM) stood at Rs 25,711 crore in Q4 FY26, up 156% YoY. Under Jio Payments Bank, total income increased stood at Rs 87 crore, up 11x YoY. Total deposits jumped 84% to Rs 544 crore in Q4 FY26, compared with Rs 295 crore in Q4 FY25. During the quarter, Jio Payment Solutions reported total payment value of Rs 15,000 crore in Q4 FY26 as against Rs 6,000 crore in Q4 FY25. Gross fee and commission income soared 378% from 18 crore in Q4 FY25 to Rs 84 crore in Q4 FY26. In Jio Credit segment, net interest income (NII) stood at Rs 202 crore for the quarter, up 149.38% YoY On an annual basis, the company's consolidated net profit fell 3.21% to Rs 1,560.90 crore in FY26 compared with Rs 1,612.59 crore in FY25. Revenue from operations jumped 71.97% YoY to Rs 3,513.26 crore in FY26. Meanwhile, the company's board recommended a final dividend of Rs 0.60 per equity share of face value Rs 10 each for financial year ended 31st March 2026. Further, the board accepted the request of Abhishek Haridas Pathak to step down from the position of group chief financial officer (CFO) effective from 20 April 2026. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. The counter advanced 1.10% to settle at Rs 243.95 on the BSE.
Jio Financial Services gains on bullish brokerage call
11 Mar 2026
Jio Financial Services advanced 1.84% to Rs 240.45 after the domestic broker intiated coverage on the stock with a 'buy' call, and set a target price of Rs 320 per share.
The brokerage noted that Jio Financial Services is being architected as India's next-gen financial services platform aimed to operated across lending, payments, asset management, wealth management and insurance manufacturing and broking, and other digital financial services. It said Jio Financial Services leverages the ecosystem synergies, data, distribution and discipline for scalable finance. It also said Jio Financial's core investment thesis centres on its ecosystem-led operating advantage, leveraging Jio's subscriber base of over 500 million and the extensive retail footprint of the Reliance Group. It said that unlike traditional NBFCs that face high customer acquisition costs, Jio Fin benefits from a lower-cost entry into the daily digital lives of nearly half of India's population. The brokerage added that while its near-term profitability remains subdued because of the incubation phase of multiple businesses, the groundwork has been laid across technology, partnerships, and distribution positions for the company for scalable growth over the medium to long-term. The broker has projected Jio Financial Services' consolidated Profit After Tax (PAT) to grow at a Compounded Annual Growth Rate (CAGR) of 48% over financial year 2026-2028. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. The company reported 8.8% decline in consolidated net profit to Rs 268.98 crore despite a 105.5% surge in total revenue from operations to Rs 900.90 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live News
Jio Financial Services Ltd drops for fifth straight session
5 Mar 2026
Jio Financial Services Ltd is quoting at Rs 240.7, down 0.25% on the day as on 13:19 IST on the NSE. The stock jumped 9.44% in last one year as compared to a 9.25% rally in NIFTY and a 16.92% spurt in the Nifty Financial Services index.
Jio Financial Services Ltd fell for a fifth straight session today. The stock is quoting at Rs 240.7, down 0.25% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.61% on the day, quoting at 24631.05. The Sensex is at 79505.6, up 0.49%.Jio Financial Services Ltd has eased around 10.22% in last one month.Meanwhile, Nifty Financial Services index of which Jio Financial Services Ltd is a constituent, has eased around 2.61% in last one month and is currently quoting at 27020.45, up 0.23% on the day. The volume in the stock stood at 66.72 lakh shares today, compared to the daily average of 106.19 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 241.7, down 0.12% on the day. Jio Financial Services Ltd jumped 9.44% in last one year as compared to a 9.25% rally in NIFTY and a 16.92% spurt in the Nifty Financial Services index. The PE of the stock is 219.32 based on TTM earnings ending December 25. Powered by Capital Market - Live News
Jio Financial infuses nearly Rs 2,000 crore in NBFC arm Jio Credit
27 Feb 2026
Jio Financial Services said that it has subscribed to 3,35,71,923 equity shares of Rs 10 each of Jio Credit (JCL), a wholly owned subsidiary, for cash at a premium of Rs 585.70 per equity share, aggregating to Rs 1,999.88 crore.
Jio Credit is a non-banking financial company. The aforementioned mentioned funds would be used by JCL to fund its business operations. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. The company reported 8.8% decline in consolidated net profit to Rs 268.98 crore despite a 105.5% surge in total revenue from operations to Rs 900.90 crore in Q3 FY26 over Q3 FY25. The scrip shed 0.35% to currently trade at Rs 255.85 on the BSE. Powered by Capital Market - Live News
Jio Financial Services CRO S. Anantharaman resigns; Sandeep Khetan appointed successor
17 Feb 2026
Jio Financial Services has announced a transition at the top of its risk function, with Group Chief Risk Officer S. Anantharaman stepping down and Sandeep Khetan set to take over the role.
The company said Anantharaman has resigned as Group Chief Risk Officer, with his last working day being 20 March 2026. Subsequently, the board approved the appointment of Sandeep Khetan as Group Chief Risk Officer for a five-year term, effective 23 March 2026. Khetan is a Chartered Accountant with more than 24 years of experience in banking, with expertise spanning credit appraisal, credit risk, market risk and operational risk. He joined the company on 30 July 2025 as Head of Integrated Risk Management. In that role, he played a key part in establishing a unified risk governance framework across the group's lending, insurance and payments businesses, strengthening internal controls and building a technology-led second line of defence. Before joining Jio Financial Services, Khetan spent over 23 years at ICICI Bank, where he led multiple functions and built high-performing teams. His experience includes overseeing credit and policy functions across SME, MSME and supply chain financing segments, as well as retail and business banking distribution. Jio Financial Services is a Core Investment Company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. The company reported 8.8% decline in consolidated net profit to Rs 268.98 crore despite a 105.5% surge in total revenue from operations to Rs 900.90 crore in Q3 FY26 over Q3 FY25. The scrip shed 0.08% to end at Rs 262.35 on the BSE. Powered by Capital Market - Live News
Corporate News
Jio Financial Services schedules AGM for August 26, 2026, with dividend payment expected soon
31 Jul 2026
Jio Financial Services Limited will hold its Third Annual General Meeting on Wednesday, August 26, 2026, at 2:00 p.m. (IST) via video conferencing or other audio-visual means, and has set Monday, August 10, 2026, as the record date for determining members eligible to receive dividend for the financial year 2025-26, with payment expected within seven days of the AGM, and Wednesday, August 19, 2026, as the cut-off date for voting on resolutions.
Jio Financial Services schedules board meeting
10 Jul 2026
On 16 July 2026
Jio Financial Services will hold a meeting of the Board of Directors of the Company on 16 July 2026.
Jio Financial Services allots 25 cr equity shares on conversion of warrants
21 Apr 2026
Jio Financial Services has allotted 25,00,00,000 equity shares to members of the promoter group of the company on conversion of warrants. Post allotment, the paid up equity share capital has increased to Rs. 6603,14,16,230/- (divided into 660,31,41,623 fully paid-up equity shares of face value of Rs. 10/- each). The total shareholding of the promoter and promoter group of the Company has increased from 47.12% to 49.13% of total paid-up equity share capital of the Company.
Board of Jio Financial Services recommends final dividend
18 Apr 2026
Of Rs 0.6 per share
Jio Financial Services announced that the Board of Directors of the Company at its meeting held on 17 April 2026, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.
Board of Jio Financial Services approves change in Group CFO
17 Apr 2026
At meeting held on 17 April 2026
The board of Jio Financial Services at its meeting held on 17 April 2026 has approved the following change in senior management: Accepted the cessation of Abhishek Haridas Pathak from the position of Group Chief Financial Officer with effect from 20 April 2026. Approved the appointment of Annapoorna Venkataramanan as a Group Chief Financial Officer of the Company, effective 11 May 2026.
Jio Financial Services to convene board meeting
15 Apr 2026
On 17 April 2026
Jio Financial Services will hold a meeting of the Board of Directors of the Company on 17 April 2026.
Jio Payments Bank introduces UPI-based cash withdrawal service
17 Mar 2026
Jio Payments Bank (JPBL), a wholly-owned subsidiary of Jio Financial Services has introduced UPI-based cash withdrawal through its Business Correspondent (BC) touchpoints, marking an important step towards strengthening India's digital payments ecosystem and advancing financial inclusion in the country. The feature enables customers, particularly in rural and semi-urban areas, to conveniently withdraw cash by simply scanning a UPI QR code and authorizing the transaction through their UPI application, eliminating the need for debit cards or access to traditional ATM infrastructure. By enabling cardless cash withdrawals at BC touchpoints, the initiative bridges the gap between digital payments and physical cash access, while providing first-time digital users with an assisted and secure way to experience UPI transactions. Through this initiative, JPBL continues to leverage the digital payments infrastructure and its last-mile BC network to expand accessible banking services, strengthen UPI's reach among cash-dependent segments, and enhance financial inclusion across rural and semi-urban India. Powered by Capital Market - Live News
