Jio Financial Services Q1FY27 net profit rises 156% YoY
Jio Financial Services reported a consolidated net profit of ₹830.25 crore for Q1FY27, a 156% YoY increase, driven by a surge in revenue to ₹2,004.47 crore. The company's lending AUM grew 2.6x to ₹30,667 crore, while payment solutions TPV rose 2.5x to ₹19,208 crore. Operational turnarounds were achieved in payments businesses, and the JioFinance app reached 25 million unique users.
*this image is generated using AI for illustrative purposes only.
Jio Financial Services reported a consolidated net profit of ₹830.25 crore for the quarter ended June 30, 2026, marking a 156% increase from ₹324.66 crore in the same period last year. The company's total revenue from operations surged to ₹2,004.47 crore, compared to ₹612.46 crore in Q1FY26, driven by significant growth across its lending and investing segments. The unaudited financial results were approved by the Board of Directors on July 16, 2026.
Q1FY27 Financial Highlights
The strong performance was underpinned by a diversified revenue stream, with interest income rising to ₹961.58 crore and dividend income contributing ₹508.59 crore. Pre-provisioning operating profit (PPOP) increased by 38% year-on-year to ₹505 crore. The following table summarises the key financial metrics for the quarter:
| Metric | Q1FY27 (₹ in crore) | Q1FY26 (₹ in crore) |
|---|---|---|
| Total Revenue from Operations | 2,004.47 | 612.46 |
| Total Income | 2,004.54 | 619.46 |
| Profit Before Tax | 969.68 | 418.97 |
| Net Profit | 830.25 | 324.66 |
| Basic EPS (₹) | 1.27 | 0.51 |
Segment Performance
The Investing segment reported a profit after tax of ₹759.75 crore, while the Lending segment contributed ₹106.59 crore. Total assets under management (AUM) for the NBFC business stood at ₹30,667 crore, representing a 2.6x year-on-year growth. The payment solutions vertical recorded a total payment value (TPV) of ₹19,208 crore, up 2.5x YoY.
Operational and Strategic Updates
During the quarter, Jio Payments Bank Limited and Jio Payment Solutions Limited achieved an operational turnaround. The company's joint venture with Allianz, Jio Allianz General Insurance Limited, was incorporated on May 12, 2026, following regulatory approvals. Additionally, the BlackRock joint ventures reported a closing AUM of ₹18,412 crore, up 21% sequentially. The JioFinance app reached 25 million unique users, logging an average of approximately 34,000 product purchases per day in June 2026.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio and video recording of the presentation made to analysts regarding these unaudited financial results is available on the company's website. The presentation concluded on July 16, 2026, at 7.44 p.m. IST.
Historical Stock Returns for Jio Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.77% | +7.79% | +6.29% | -1.25% | -21.54% | +0.97% |
How will the recent incorporation of Jio Allianz General Insurance impact the company's revenue diversification in the coming quarters?
What strategies are in place to sustain the 2.6x year-on-year AUM growth for the NBFC business amid potential market volatility?
Can the JioFinance app maintain its user acquisition momentum and daily product purchase rates in the next fiscal year?
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