Mumbai : The Board of Directors of Jio Financial Services Limited (“JFSL”), at its meeting held in Mumbai today, approved the audited financial results for the fourth quarter and financial year ended March 31, 2025.
Consolidated financial highlights for the financial year ended March 31, 2025, were as follows:
- Assets under Management (AUM) of Jio Finance Ltd. (JFSL’s NBFC subsidiary) stood at Rs. 10,053 crore as of March 31, 2025, up from Rs. 173 crore as of March 31, 2024, and Rs. 4,199 crore as of December 31, 2024.
- Income from Business Operations stood at Rs. 349 crore.
- Total Income at Rs. 2,079 crore, up 12% YoY.
- Pre-Provision Operating Profit at Rs. 1,594 crore.
- Profit After Tax at Rs. 1,613 crore.
- Equity infusion of Rs. 1,346 crore in FY25 in group companies to support growth plans.
- Board recommends a dividend of Rs. 0.50 per equity share of face value Rs. 10. Consolidated financial highlights for the quarter ended March 31, 2025, were as follows:
- Total Income at Rs. 518 crore, up 24% YoY.
- Pre-Provision Operating Profit at Rs. 374 crore, up 18% YoY.
- Profit After Tax at Rs. 316 crore.
With a robust foundation for sustainable growth – including people, processes, technology, and governance framework – in place, JFSL made rapid strides in FY25 in terms of execution.
Catering to the four core financial needs of a customer – the need to borrow, invest, transact and protect – JFSL group entities launched diverse offerings, spanning loans, digital gold, an investment tracker and spend analyser, savings bank accounts, and insurance
The swift rollout of diverse products through the year has translated into positive growth trends in the Company’s operating performance in FY25.
Along with a growing suite of financial products and services, the Company also focused on enhancing its distribution reach across digital and physical touchpoints. JFSL’s digital distribution ecosystem was further bolstered by the integration of the Company’s product offerings with the MyJio app in September 2024.
The JioFinance app, a unified digital storefront for JFSL’s retail-focused products and services, gained traction and recorded 8 million monthly active users (MAU) across all digital properties
in March 2025.
The data intelligence engine created at JFSL is helping process diverse sets of internal and external data to improve customer targeting, customer experience and operational efficiency. During the year, contextual marketing campaigns targeted at the group ecosystem’s expansive customer base
were rolled out.
The JFSL group’s physical footprint also grew during the year, with Jio Finance Limited establishing a physical presence in 10 Tier-1 cities, which are exhibiting strong demand for its suite of retail and corporate lending solutions. Jio Payments Bank Limited, which had 2.31 million customers as on March 31, 2025, expanded its network of Business Correspondents (BC) to 14,000+ BCs, an over six-fold increase over FY24.
A key highlight of the year was an industry-first initiative by Jio Payment Solutions Limited, JioSoundPay on JioBharat feature phones. JioSoundPay is an innovative feature that provides instant audio alerts for UPI payments, boosting security and ease for merchants.
To fuel future growth aspirations and support the growing scale of our diverse businesses, JFSL infused additional equity of Rs. 1,346 crore in group entities, including Jio Finance Limited, Jio Payments Bank Limited, and the joint ventures with BlackRock for asset management and wealthmanagement.
Underscoring JFSL’s commitment to creating value for all stakeholders, the Board of Directors of JFSL recom mended a dividend of Rs. 0.50 per equity share of face value Rs. 10 each.
"In FY25, we leveraged the strong foundation built in FY24 to drive exceptional execution and significant operational growth across businesses, in a risk-calibrated manner. The year was defined by swift product launches, strengthening distribution across key markets, and rapid growth in the JioFinance app’s user base. In FY26, we will build upon this momentum by leveraging our integrated data infrastructure and AI-driven analytics to offer the right product to the right customer, through the right channel. Over the medium-to-long term, our aspiration is to become one of the leading companies in financial services, in terms of meaningful market share, innovation, and ability to offer products at cost points relevant for Indian customers,” said Hitesh Sethia, Managing Director and Chief Executive Officer, Jio Financial Services Limited.