Jio Financial Services Reports Rs. 901 Crore Q3 FY26 Income, 101% YoY
Filing Summary
Jio Financial Services Limited reported a consolidated total income of Rs. 901 crore for Q3 FY26, marking a 101% year-over-year increase. The company’s pre-provisioning operating profit rose 7% to Rs. 354 crore. The profit after tax was Rs. 269 crore. Notable operational highlights include a 4.5x year-over-year increase in NBFC’s assets under management to Rs. 19,049 crore and a 2.6x rise in payment solutions’ transaction processing volume to Rs. 16,315 crore. The company’s diverse portfolio includes NBFC, payments bank, and asset management services.
Jio Financial Services Limited reported its consolidated and standalone unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved the results, which are available on the company’s website. The consolidated total income for Q3 FY26 was Rs. 901 crore, representing a 101% increase compared to the same quarter in the previous year. The pre-provisioning operating profit for the quarter grew by 7% year-over-year to Rs. 354 crore. Profit after tax for the quarter was Rs. 269 crore.
The company’s financial performance was driven by growth across its operating verticals. The share of associates and joint ventures contributed Rs. 36 crore, compared to Rs. 59 crore in Q3 FY25. The decline was attributed to ongoing investments in the asset management company and wealth management company. The share of net income from business operations to consolidated total net income increased to 55% in Q3 FY26 from 20% in Q3 FY25.
Operationally, the company’s non-banking financial company’s (NBFC) assets under management reached Rs. 19,049 crore, a 4.5x increase year-over-year and a 29% increase quarter-over-quarter. The asset management company’s assets under management stood at Rs. 14,972 crore across 10 funds, with a retail investor base of 1 million. The payment solutions segment reported a transaction processing volume of Rs. 16,315 crore, a 2.6x increase year-over-year. The payments bank’s deposits were Rs. 507 crore, up 94% year-over-year.
Jio Credit Limited reported gross disbursements of Rs. 8,615 crore, nearly doubling year-over-year and increasing 30% sequentially. Net interest income for the quarter was Rs. 165 crore, up 166% year-over-year and 18% quarter-over-quarter. The pre-provisioning operating profit rose to Rs. 99 crore, a 130% increase year-over-year. Jio Payments Bank’s total income grew 10x year-over-year to Rs. 61 crore, with deposits increasing 94% year-over-year to Rs. 507 crore. The customer base expanded by 69% year-over-year to 3.20 million.
Jio Payment Solutions reported a transaction processing volume of Rs. 16,315 crore, up 2.6x year-over-year. The gross fee and commission income was Rs. 96 crore, a 4.6x increase year-over-year. Jio Insurance Broking facilitated a premium of Rs. 212 crore in Q3 FY26, a 23% increase year-over-year. The digital point of sales person channel premium increased approximately 5x quarter-over-quarter.
The company’s joint venture with BlackRock, Jio BlackRock Asset Management Private Limited, reported that 51% of investors have active SIPs, with over 40% of retail AUM coming from B30 cities. The AUM in the Active Equity Flexi Cap Fund increased by 70% since the NFO. 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.
Jio Financial Services Limited is a Core Investment Company registered with the Reserve Bank of India. It operates a full-stack financial services ecosystem through subsidiaries such as Jio Credit Limited, Jio Insurance Broking Limited, Jio Payment Solutions Limited, and Jio Payments Bank Limited. The company has a joint venture with BlackRock for asset management services and with Allianz Group for reinsurance services in India. JFSL focuses on enhancing financial well-being through a digital-first model, offering a range of financial solutions via the JioFinance app.