Net Income from Business grows ~5x YoY to Rs. 317 crore; 52% of Consolidated Net Total Income (ex-dividend)*

Mumbai : The Board of Directors of Jio Financial Services Limited (“JFSL”, also referred to as the “Company”), at its meeting held in Mumbai today, approved the unaudited financial results for the second quarter of financial year 2025-26, ended September 30, 2025 (Q2 FY26).

Consolidated financial highlights for the quarter ended September 30, 2025, were as follows:

  • Net Income from Business at 52% of Consolidated Net Total Income (ex-dividend), up from 14% in Q2 FY25
  • Assets Under Management (AUM) of the NBFC at Rs.14,712 crore, up from Rs. 1,206 crore in Q2 FY25.
  • AMC AUM at Rs. 15,980 crore; maiden NFO for actively managed flexi cap fund garners

~Rs. 1,500 crore in investments.

  • Pre-provisioning Operating Profit at Rs. 579 crore, compared to Rs. 552 crore in Q2 FY25
  • Profit After Tax at Rs. 695 crore, compared to Rs. 689 crore in Q2 FY25.

JFSL, a digital-first financial services company that caters to the core financial needs of customers, reported robust business growth and strong execution momentum in the second quarter of FY26, as Net Income from Business continued to grow.

Net Income from Business comprises gross fee and net interest income from the NBFC and the payments bank; gross fee income from the asset management company; fee and commission income from the payment solutions and insurance broking businesses; and gross fee income from the sale of digital gold.

*Consolidated Net Total Income (ex-dividend) is Total Consolidated Income less finance cost on external borrowings and includes Total Income from Asset Management Company, fee and commission income from digital gold and total income of the payments bank. The payments bank was accounted for as an associate until June 17, 2025.

Even as it focuses on investing for risk-calibrated growth across businesses in different stages of evolution – including six entities in incubation stage and five in scale-up phase – the Company maintained a sharp focus on unit economics.

Pursuant to Jio Payments Bank Limited ( JPBL) becoming a wholly-owned subsidiary of the Company, following the acquisition of State Bank of India’s (SBI) remaining shareholding in June 2025, its financials are now fully consolidated with that of JFSL. Q2 FY26 was the first full quarter of this consolidation. In Q2 FY25, JPBL was accounted for as a JV, and its P&L reflected as a part of Share of Associates and JVs in JFSL’s consolidated financial statement.