Jio Financial Services Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Jio Financial Services reported consolidated total income excluding dividends up 141% year-on-year to ₹1,496 crore for Q1 FY27, with PPOP rising 38% to ₹505 crore and consolidated PAT up 156% year-on-year to ₹830 crore. Management highlighted growth across its lending, payments, investment and insurance verticals, including Jio Credit's Gross AUM reaching ₹30,667 crore and JioBlackRock AMC's AUM scaling to ₹18,412 crore. The quarter also marked the full line-by-line consolidation of Reliance Services and Holdings Limited and the incorporation of the Jio Allianz General Insurance joint venture.
Jio Financial Services reported FY26 consolidated total income (excluding dividends) of Rs 3,274 crore, up 78% year-on-year, with Net Income from Business Operations rising 272% to Rs 1,390 crore. Jio Credit's assets under management crossed Rs 25,700 crore, JioBlackRock Asset Management reached over Rs 15,200 crore in AUM within nine months of launch, and the company launched a new Neural Agentic Marketplace within the JioFinance app. Consolidated PAT for FY26 stood at Rs 1,561 crore versus Rs 1,613 crore in FY25, and the Board recommended a dividend of Rs 0.60 per equity share.