Jio Financial Services Q2FY26 Results: Profit Nearly Flat at Rs. 695 Crore

Jio Financial Services (JFS) reported consolidated net profit of Rs. 695 crore for the quarter ended September 2025 (Q2FY26), showing a marginal rise of 0.9% year-on-year compared to Rs. 689 crore in Q2FY25.

The company’s total income for the quarter stood at Rs. 1,002 crore, as against Rs. 694 crore in the corresponding period last year.
Net income from business operations surged sharply to Rs. 317 crore, marking a five-fold increase over Q2FY25. JFS stated that the company has reached an inflection point where income from business operations now exceeds income from treasury.

Its NBFC arm, Jio Credit, saw assets under management (AUM) jump 12 times year-on-year to Rs. 14,712 crore, driven by strong traction across retail and corporate lending segments. The company highlighted that growth was achieved through a risk-calibrated, profitable scaling strategy.

Jio Payments Bank also showed robust expansion. Its network of business correspondents (BCs) increased to about 2 lakh in Q2FY26, compared with 2,307 in Q2FY25. The customer base rose to 2.95 million, while the deposit base stood at Rs. 421 crore. Transaction processing value through Jio Payment Solutions jumped 167% year-on-year to Rs. 13,566 crore.

Meanwhile, Jio Insurance Broking facilitated insurance premiums worth Rs. 347 crore, issuing 2.9 lakh policies across life, health, and general segments. The broking arm expanded its digital point-of-sales (PoS) presence to over 100 cities across six states, providing personalised services across diverse regional markets.

JFS management said the company continues to leverage next-generation AI and analytics to build JioFinance into a trusted and intelligent digital platform offering personalised financial solutions. The impact of these initiatives is expected to become more visible in the coming quarters.