Jio Financial Services Limited announced its financial results for the quarter and year ended March 31, 2026. The company reported an annual consolidated net profit of ₹1,560.90 crore and recommended a final dividend of ₹0.60 per equity share. Additionally, the Board approved the appointment of Ms. Annapoorna Venkataramanan as the new Group Chief Financial Officer, effective May 11, 2026, following the departure of Shri Abhishek Haridas Pathak.
Financial Performance Overview
For the fiscal year ended March 31, 2026, Jio Financial Services Limited recorded a consolidated net profit of ₹1,560.90 crore. The total revenue for the year stood at ₹3,513.26 crore, marking a significant growth trajectory. For the fourth quarter (Jan-Mar 2026), the company reported a net profit of ₹272.22 crore, with a quarterly revenue from operations of ₹1,018.51 crore.
Shareholder Dividends and Stock Options
The Board of Directors has recommended a final dividend of ₹0.60 per equity share (face value of ₹10/- each) for the financial year 2025-26. Furthermore, the company has approved the ‘Jio Financial Services Limited – Employee Stock Option Plan 2026’. This plan proposes the grant of up to 3,20,00,000 options to eligible employees, exercisable into an equal number of equity shares at fair market value, subject to approval at the upcoming Annual General Meeting.
Leadership Transition
The company announced a leadership change in its finance department. Shri Abhishek Haridas Pathak will be released from his role as Group Chief Financial Officer and Key Managerial Personnel effective April 20, 2026. The Board has appointed Ms. Annapoorna Venkataramanan as the new Group Chief Financial Officer, effective May 11, 2026. Ms. Venkataramanan brings over 25 years of experience in finance, treasury, and global markets, having previously served in senior leadership roles at major institutions.
Strategic Developments
The Group continues to expand its financial footprint. Key highlights from the year include the acquisition of Jio Payments Bank Limited (JPBL), which is now a wholly-owned subsidiary, and the formalization of a 50:50 joint venture with Allianz Europe B.V. to enter the reinsurance and insurance sectors in India. The company also incorporated Jio Alternative Investment Manager Limited in early 2026 to manage future Alternative Investment Funds.
Source: BSE
