Jio Financial Services (JFSL) reported a 101% YoY increase in consolidated total income, reaching Rs. 901 crore for Q3 FY26. Pre-Provisioning Operating Profit rose by 7% YoY to Rs. 354 crore. The company highlighted significant business momentum across its operating verticals and a rising share of income from core business operations. Key growth drivers included NBFC, Payments Bank, Payment Solutions, Insurance Broking, and Asset Management.
Financial Performance Highlights
Jio Financial Services Limited (JFSL) announced its unaudited financial results for Q3 FY26, showcasing substantial growth. Key highlights include:
- Consolidated Total Income: Rs. 901 crore, up 101% YoY
- Pre-Provisioning Operating Profit: Rs. 354 crore, up 7% YoY
- Profit After Tax: Rs. 269 crore
The growth in total income was partially offset by higher expenses, aligning with volume growth across all businesses. The share of Associates and JVs stood at Rs. 36 crore.
Operational Performance
The company also reported strong operational performance across various segments:
- Share of Net Income from Business to Consolidated Total Net Income grew to 55% in Q3 FY26, from 20% in Q3 FY25.
- NBFC’s Assets Under Management (AUM): Rs.19,049 crore, up 4.5x YoY and 29% QoQ.
- AMC’s AUM: Rs. 14,972 crore across 10 funds; 1 million retail investor base.
- Payment Solutions’ Transaction Processing Volume: Rs. 16,315 crore, up 2.6x YoY.
- Payments Bank’s Deposits: Rs. 507 crore, up 94% YoY.
Segmental Performance
Jio Credit Limited:
- Gross Disbursements: Rs. 8,615 crore, ~2x YoY and 30% sequentially.
- Net Interest Income: Rs. 165 crore, up 166% YoY and 18% QoQ.
- Pre-Provisioning Operating Profit increased to Rs. 99 crore, up 130% YoY and 24% QoQ.
Jio Payments Bank:
- Total income grew 10x YoY and doubled sequentially to Rs. 61 crore.
- Total deposits: Rs. 507 crores as of December 31, 2025, up 94% YoY and 20% QoQ.
- Customer base grew 69% YoY and around 9% QoQ to 3.20 million.
Jio Payment Solutions:
- Transaction Processing Volume (TPV): Rs. 16,315 crore, up 2.6x YoY and 20% QoQ.
- Gross fee and commission income: Rs. 96 crore, up 4.6x YoY and 26% QoQ.
Jio Insurance Broking:
- Facilitated premium of Rs. 212 crore in Q3 FY26, up 23% YoY.
Jio BlackRock JVs:
- 51% of investors with Active SIPs; 40%+ of Retail AUM coming from B30 cities; 18%+ of our investors new to Mutual Funds.
- AUM in Active Equity Flexi Cap Fund up 70% since NFO.
JioFinance App
The JioFinance app recorded 20 million unique users across all digital properties, with an average monthly active user base of 9.2 million during the quarter.
Source: BSE
