Jio Financial Services’ core business income surpasses treasury in Q2 FY26
Jio Financial Services Limited (JFSL) announced a robust Q2 FY26, with consolidated total income rising 44% year-on-year to INR 1,002 crores. Net income from operating business grew fivefold year-on-year to INR 317 crores, representing 52% of consolidated net total income, excluding dividend and finance costs on external borrowings. The company has reached an "inflection point," with core business income surpassing treasury income. Pre-Provisioning Operating Profit (PPoP) for the quarter was INR 579 crores, up 5% YoY. Consolidated Profit After Tax for Q2 FY26 stood at INR 695 crores.
Jio Credit Limited's Assets Under Management (AUM) surged to INR 14,712 crore, a 12x increase from Q2 FY25, with quarterly disbursements reaching INR 6,624 crores. JioBlackRock Asset Management, a joint venture, amassed INR 15,980 crore in AUM within four months of launch, including INR 1,500 crore from its maiden actively managed equity fund. Jio Payments Bank's customer base expanded to 3 million, nearly double the 1.5 million in Q2 FY25, and Transaction Processing Volume (TPV) for Jio Payment Solutions soared 167% YoY to INR 13,566 crores.
The company's consolidated net worth reached INR 1.35 lakh crore as of September 30, 2025, bolstered by a INR 3,956 crore capital infusion from promoters through preferential warrants. This strengthens its capital base for strategic growth in insurance and lending.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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