Jio Financial Services reported a robust FY26 financial performance, with an annual consolidated net profit of ₹1,560.90 crore. The company has recommended a final dividend of ₹0.60 per share. Additionally, the Board has announced a significant leadership transition: Shri Abhishek Haridas Pathak will step down as Group CFO, with Ms. Annapoorna Venkataramanan appointed as his successor, effective May 11, 2026. Furthermore, the company has introduced an Employee Stock Option Plan 2026.
Financial Highlights
For the fiscal year ended March 31, 2026, the company achieved a total consolidated income of ₹3,542.61 crore. The consolidated net profit for the year stood at ₹1,560.90 crore. Reflecting its financial health and commitment to shareholder value, the Board has recommended a dividend of ₹0.60 per equity share (face value of ₹10/- each), subject to shareholder approval at the upcoming Annual General Meeting.
Strategic Leadership Changes
The company announced that Shri Abhishek Haridas Pathak will be released from his role as Group Chief Financial Officer and Key Managerial Personnel, effective April 20, 2026. Stepping into this critical role is Ms. Annapoorna Venkataramanan, who will assume the position of Group Chief Financial Officer and KMP starting May 11, 2026. Ms. Venkataramanan brings over 25 years of extensive experience in Finance, Treasury, and Global Markets, having previously held senior leadership roles at major international and domestic institutions.
Future Growth and Incentives
To align the interests of its workforce with long-term organizational success, the Board has approved the Jio Financial Services Limited – Employee Stock Option Plan 2026. Under this initiative, the company proposes to grant up to 3,20,00,000 (three crore twenty lakh) options to eligible employees, subsidiaries, and associates. The exercise price will be determined based on the fair market value, ensuring compliance with established regulatory frameworks for share-based benefits.
Source: BSE
