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Jio Financial Services reports 155% surge in Q1 FY27 profit

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Jio Financial Services reports 155% surge in Q1 FY27 profit

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Jio Financial Services reports 155% surge in Q1 FY27 profit
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Athira Sethu

Kochi, 17 July 2026

Jio Financial Services reported a strong set of earnings for the April–June quarter (Q1 FY27), with consolidated net profit surging 155.38% year-on-year to ₹830 crore. The company also posted robust growth in revenue from operations, reflecting momentum across its lending, asset management, payments, insurance, and digital financial services businesses.

The company attributed the performance to strong execution across its business verticals and continued investments in technology. Management said the integration of artificial intelligence and data analytics has helped improve operational efficiency, while expansion into investment solutions and insurance through its joint ventures is expected to support long-term growth.

Q1 FY27 Financial Performance

ParticularQ1 FY27Q1 FY26YoY Change
Consolidated Net Profit₹830 crore₹325 crore155.38%
Revenue from Operations₹2,004 crore₹612 crore227.45%

Key Operational Highlights

Business SegmentPerformance
Jio Finance AppAveraged around 34,000 product purchases per day in June 2026 across personal loans, credit cards, digital gold and fixed deposits
Jio Credit LtdGross AUM reached ₹30,667 crore, up 2.6x YoY
Asset ManagementAUM stood at ₹18,412 crore, up 21% sequentially; liquid fund AUM crossed ₹10,000 crore
Jio Payment SolutionTotal Payment Value (TPV) rose to ₹19,208 crore, up 2.5x YoY
Payments BankDeposits increased to ₹617 crore, up 1.7x YoY
Insurance BrokingFacilitated premiums worth ₹238 crore, up 1.6x YoY
Allianz Jio ReinsuranceReported ₹266 crore in gross written premiums in its first full quarter of operations

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