• Latest
  • Trending
Jio Financial Services reports 155% surge in Q1 FY27 profit

Jio Financial Services reports 155% surge in Q1 FY27 profit

Paytm Europe secures payment licence in Luxembourg

Paytm Board to consider bonus issue

Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals

Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals

SBI Funds Management sets IPO price band at ₹545–574

Indian Gas Exchange files IPO papers for market debut

ICICI Prudential Life shares hit 52 week low after prudential deal

ICICI Prudential Life Q1 profit rises 28% on strong new business growth

Crude oil rises on Middle East supply concerns; Natural gas gains on short covering

Crude oil rises on Middle East supply concerns; Natural gas gains on short covering

India’s soybean imports surge amid tight domestic supply

India’s soybean imports surge amid tight domestic supply

CSM Technologies wins World Bank-backed digital Malawi project worth ₹3.21 crore

CSM Technologies wins World Bank-backed digital Malawi project worth ₹3.21 crore

Tata Capital raises $400 million, achieves sharp pricing tightening on global bond

Tata Capital raises $400 million, achieves sharp pricing tightening on global bond

Angel One’s Q1 FY27 profit surges 102% as fintech growth strategy pays off

Angel One’s Q1 FY27 profit surges 102% as fintech growth strategy pays off

Tata Elxsi achieves robust growth in Q1 FY’25, with 2.4% QoQ increase in constant currency revenue

Tata Elxsi net profit jumps 18% in Q1FY27

IDBI Bank posts Q3 FY26 net profit of ₹1,935 Cr; Total business grows 12% YoY

IDBI Bank shares rally on stake sale buzz

Middle East tensions lift commodity markets

Middle East tensions lift commodity markets

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, July 17, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Jio Financial Services reports 155% surge in Q1 FY27 profit

in Finance, Market
Reading Time: 2 mins read
0
Jio Financial Services reports 155% surge in Q1 FY27 profit
Share on FacebookShare on Twitter

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

Related Posts

Paytm Europe secures payment licence in Luxembourg

Paytm Board to consider bonus issue

0

Athira Sethu Kochi, 17 July 2026 One 97 Communications, the parent company of Paytm, has announced that it will declare...

SBI Funds Management sets IPO price band at ₹545–574

Indian Gas Exchange files IPO papers for market debut

0

Athira Sethu Kochi, 16 July 2026 India's first automated national-level natural gas trading platform, Indian Gas Exchange (IGX), has filed...

ICICI Prudential Life shares hit 52 week low after prudential deal

ICICI Prudential Life Q1 profit rises 28% on strong new business growth

0

Athira Sethu Kochi, 16 July 2026 ICICI Prudential Life Insurance reported a strong performance for the first quarter of FY2027,...

Tata Elxsi achieves robust growth in Q1 FY’25, with 2.4% QoQ increase in constant currency revenue

Tata Elxsi net profit jumps 18% in Q1FY27

0

Athira Sethu Kochi, 15 July 2026 Tata Elxsi began FY27 on a strong note, reporting healthy year-on-year growth in revenue...

Paytm Europe secures payment licence in Luxembourg
Market

Paytm Board to consider bonus issue

0

Athira Sethu Kochi, 17 July 2026 One 97 Communications, the parent company of Paytm, has announced that it will declare...

Read moreDetails
Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals
News

Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals

0

DBT Bureau Pune, 16 July 2026 Tech Mahindra announced the audited consolidated financial results for the quarter ended June 30,...

Read moreDetails
SBI Funds Management sets IPO price band at ₹545–574
Market

Indian Gas Exchange files IPO papers for market debut

0

Athira Sethu Kochi, 16 July 2026 India's first automated national-level natural gas trading platform, Indian Gas Exchange (IGX), has filed...

Read moreDetails
ICICI Prudential Life shares hit 52 week low after prudential deal
Finance

ICICI Prudential Life Q1 profit rises 28% on strong new business growth

0

Athira Sethu Kochi, 16 July 2026 ICICI Prudential Life Insurance reported a strong performance for the first quarter of FY2027,...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.