Jio Financial Services Limited announced its unaudited consolidated financial results for Q2 2025. The company reported a net profit of ₹217.17 crore, which include profits from its associates and joint ventures. Total income for the quarter stood at ₹1,002.40 crore. The board has approved raising funds through warrants. The company continues expanding into financing, leasing, insurance, payment banking and asset management.
Financial Performance Highlights
Jio Financial Services Limited (JFSL) announced its unaudited consolidated financial results for the quarter ended September 30, 2025. Key highlights include:
- Total Income: ₹1,002.40 crore
- Net Profit (including share of profit in Associates and Joint Ventures): ₹217.17 crore
JFSL’s earnings per share before exceptional items stood at ₹1.10.
Segmental Overview
The company’s operations span Investing & Financing, Leasing, Insurance Broking, Payment Bank and Payment Aggregator, Payment Gateway services and Asset Management services. The primary business remains Investing & Financing in India.
Strategic Initiatives and Investments
The Board approved raising funds through the issuance of up to 50 crore warrants at ₹316.50 per warrant. Each warrant is convertible into one equity share. They allotted 25 crore warrants each to Sikka Ports & Terminals Limited and Jamnagar Utilities & Power Private Limited for ₹3,956.25 crore.
During Q2 2025, JFSL acquired 7,90,80,000 equity shares of Jio Payments Bank Limited (JPBL) from State Bank of India, representing 14.96% of JPBL’s equity share capital for ₹104.54 crore, making it a wholly owned subsidiary.
Joint Ventures and Reinsurance
JFSL has formed a 50:50 joint venture with Allianz Europe B.V. for reinsurance and has set up a company named “Allianz Jio Reinsurance Limited” (AJRL).
Standalone Financials
The standalone net profit after tax stood at ₹456.45 crore.
Source: BSE