Jio Financial Services reports strong FY25 growth, declares dividend

Jio Financial Services (JFS) held its second annual general meeting on August 28, 2025, where shareholders approved a dividend of Rs. 0.50 per equity share of Rs. 10 each for FY25. The company also announced a preferential issue of Rs. 15,825Cr to promoters. For FY25, JFS reported a total income of Rs. 2,079 Cr, pre-provisioning operating profit of Rs. 1,594 Cr, and a profit after tax of Rs. 1,613 Cr, with net worth reaching Rs. 1,23,497 Cr.

Strategically, JFS expanded its product suite, with the JioFinance App launching new features like mutual funds and tax filing. The company established a 50:50 joint venture with Allianz Group for reinsurance and signed a non-binding agreement for life and general insurance. Jio BlackRock Asset Management Private Limited, a JV with BlackRock, received regulatory approval in May 2025, launching its first New Fund Offer that raised Rs. 17,876 Cr. Lending operations saw AUM grow to Rs. 11,665Cr in Q1 FY26, with a physical presence in 11 major cities.

Jio Payments Bank Limited increased its CASA customers to 2.58 million and deposits to Rs. 358 Cr in Q1 FY26. Jio Payment Solutions Limited recorded a transaction processing volume of Rs. 7,717 Cr in Q1 FY26. JFS emphasized its commitment to technology-driven solutions, risk management, a diverse workforce of over 1,500 employees, and ESG initiatives including financial inclusion and climate change efforts.