JioFinancialServicesLimitedQ1FY27ConsolidatedTotalIncomeat₹1,496 Crore,up141%YoY;Pre-ProvisioningOperatingProfitat₹505Crore,up38%YoY

Jul 17, 2026

JioFinancialServicesLimitedQ1FY27ConsolidatedTotalIncomeat₹1,496 Crore,up141%YoY;Pre-ProvisioningOperatingProfitat₹505Crore,up38%YoY

TheBoardofDirectorsofJioFinancialServicesLimited(“JFSL”,alsoreferredtoasthe“Company”),atitsmeetingheld in Mumbai today, approved the unaudited financial results for the firstquarterofthefinancialyear2026-27,endedJune30,2026(Q1FY27).

 

KeyconsolidatedfinancialhighlightsforthequarterendedJune30,2026:

  • TotalIncome(ex-dividend)stoodat₹1,496crore,up141%YoY.
  • Pre-ProvisioningOperatingProfit(PPOP,ex-dividend)increasedby38%YoYto₹505crore.
  • Profit Before Tax (PBT, ex-dividend) increased 18% YoY to ₹461 crore*. PBT(includingdividend) grew 131% YoY to ₹970 crore.
  • ProfitAfter Tax (PAT)at ₹830 crore,up 156% YoY.
  • Total Consolidated Shareholders' Equity stood at ₹1.37 lakh crore as of June 30, 2026. The company received the second tranche of ₹5,934 crore from Promoter Group, taking total cumulativecapitalinfusionto₹9,890crore.
  • Jio Payments Bank Limited andJioPaymentSolutionsLimitedachievedoperationalturnaroundin Q1 FY27.

 

KeyOperationalHighlights:

  • NBFC’sAssetsUnderManagement(AUM)at₹30,667crore,up2.6xYoY.
  • AMC’sAUMat₹18,412crore,up21%sequentially;LiquidFundsAUMcrossed₹10,000crore.
  • PaymentSolutions’TotalPaymentValue(TPV)at₹19,208crore,up2.5xYoY.
  • PaymentsBank’sDepositsat₹617crore,up1.7xYoY.
  • InsuranceBrokingarmfacilitatedpremiumof₹238crore,up1.6xYoY.
  • AllianzJioReinsuranceLimitedestablishesinitialmarketfootprint,with₹266croreingross written premiums during its first full quarter of operations.

 

Theperformanceforthequarterreflectstheacceleratingmomentumacrosstheentire business portfolio, led by sustainable loan book growth at Jio Credit Limited, JFSL’s lending franchise, alongside the scaling up of the asset management and payments businesses. This expanding footprint across lending,payments,investmentsolutions,andinsuranceprotectionisfurtheramplifiedbygrowing digitaluserengagementontheJioFinanceapp,whileourtreasuryoperations continue to provide a stable capital foundation to nurture early-stage joint ventures.

 

 

 

 

 

 

 

*Adjusting forone-offExceptionalIncomeof₹29croreinQ1FY26.

 

JioFinanceApp

  • 25millionuniqueusersexperiencinganAI-nativeandconversationalNeuralAgenticMarketplaceinsevenlanguagesvia16uniqueAIAgentsand10MLmodels.
  • Diverse bouquet of product offerings across proprietary and third party products, including personal loans, credit cards, digital gold, and fixed deposits. Logged an average of ~34,000 productpurchasesperdayinthemonthofJune2026.
  • The app’s integrated rewards framework issued over 204 million JioPoints to 5.7 million enrolled customers, on-quarter growth of 6.6x and 4.75x respectively, indicating growing customer loyalty and stickiness.

 

JioCreditLimited

  • GrossAssetsUnderManagement(AUM)stoodat₹30,667crore,representinga2.6xYoYgrowth.
  • Quarterlygrossdisbursementsacceleratedto₹11,252crore,up2.7xYoY.
  • The product mix comprises Mortgages (Home Loans and LAP) at 45.4%, Loan Against Securities (Retail)at10.4%andCorporate&SMEloansat44.2%.
  • NetInterestIncome(NII)increased118%YoYto₹257crore,whileProfitAfterTax(PAT)stoodat

₹96crore,up113%YoY.

 

JioPaymentsBankLimited

  • TotalIncomegrew7.7xYoYto₹83crore,whiletotalcustomerdepositsstoodat₹617crore,a growth of 72% YoY.
  • The CASA customer base expanded by 51% YoY to 3.9 millionaccounts,withaveragedepositper customer rising 16% YoY to ₹1,540.
  • TheactiveBusinessCorrespondent(BC)networkgrewto527,037touchpointscomparedto 50,192inQ1FY26and378,568inQ4FY26.
  • Managingdigitaltollprocessingoperationsacross20tollplazas,includingoneFASTag ANPR-based Multi-Lane Free-Flow solutions for barrierless tolling.

 

JioPaymentSolutionsLimited

  • TotalPaymentValue(TPV)at₹19,208crore,up2.5xYoY.
  • Grossfeeandcommissionincomeat₹176crore,up6.4xYoY,resultinginaNetFee& Commission Income of ₹24 crore, up 3.4x YoY.
  • Sharpfocusonunit-levelprofitabilitywithexpandingnetprocessingmarginsof12bps.
  • Cross-border settlement infrastructure was launched to facilitate international remittances forIndian exporters.

 

JioInsuranceBrokingLimited

  • Facilitatedpremiumof₹238croreinQ1FY27,up1.6xYoY.
  • TotalFeeandCommissionIncomerose131%YoYto₹61croreduringthequarter.

 

  • DigitalPointofSalesPerson(PoSP)channelpremiumup~11xYoY;presenceacross25states.

 

JointVentureswithBlackRock

  • ClosingAUMreached₹18,412crore,up21%QoQ.
  • 44%ofinvestorswithActiveSIPs;36%ofRetailAUMcomingfromB30cities;18.5%ofinvestorsnew to Mutual Funds.
  • TheNewFundOffer(NFO)forthePrism Specialized Investment Fund (SIF) Hybrid Long-Short fund closed on July 13, 2026, raising over ₹150 crore.
  • Final approval was received from the International FinancialServicesCentresAuthority(IFSCA)to operate as a retail Fund Management Entity in GIFT City.

 

JointVentureswithAllianzGroup

  • AllianzJioReinsuranceLimitedunderwrotegrosspremiumof₹266croreinitsfirstfullquarterofoperations.
  • JioAllianzGeneralInsuranceLimitedhasbeenincorporatedasa50:50jointventure,with statutory and regulatory clearance processes currently underway.

 

Hitesh Sethia, Managing Director and CEO, Jio Financial Services said: "The sustained businessmomentumacrossourverticalsvalidatesthegranulararchitectureofourfull-stackecosystemandthe strengthofourexecution.BystrategicallyintegratingAIanddataanalytics,we have unlocked significant efficiencygainsacrossthevaluechain. We continue to drive robust growth in our tailored lending solutions, expandaccesstoinnovativeinvestmentproductsthroughourassetmanagementarm,andpowerthe operational turnaround of our payments business through revenue diversification and strict focus on unit economics.Giventhemassiveopportunityinthecountryfor deeper penetration in sectors like investment solutionsandinsurance,weareacceleratingourinvestmentstowardssomeofournewerbusinessesincluding ourJVswithBlackRockandAllianzintheseareas,whichwillyieldsignificantbenefitsoveraperiodoftime.”