Jio Financial Services Limited (JFSL) kicked off FY26 on a strong note, delivering robust growth and expanding its footprint across India’s financial services landscape.

For Q1 FY26, the company reported total income of ₹619 croreup 48% YoYwith net profit at ₹325 crorerising 4% YoY. Notably, net income from business (core operating earnings) grew nearly 4x YoY to ₹219 crore, contributing about 40% of total net income.

Key Highlights:

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  NBFC (Jio Credit Limited) AUM Soared 50x YoYreaching ₹11,665 crore from just ₹217 crore in Q1 FY25.

  
  


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  Jio BlackRock AMC debuted with an NFO that attracted over ₹17,800 crore, placing it among India’s top 15 fund houses by debt AUM.

  
  


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  The JioFinance app recorded 8.1 million average monthly active usersserving as a unified digital storefront for loans, investments, payments, and insurance.

  
  


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  Jio Payments Bank expanded its business correspondent network 2.5x QoQ to more than 50,000 touchpointsenabling deeper financial access nationwide.

  
  


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  Beauty distribution, wealth management, and securities broking businesses under the Jio BlackRock JV also secured regulatory approvals and began building teams.

  
  


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  JFSL acquired SBI’s 14.96% stake in Jio Payments Bank during the quarter, making it a wholly-owned subsidiary.

  
  

The company highlighted its technology-first approach, leveraging AI and data analytics to create a single customer view and personalize offerings at scale through the JioFinance app.

Hitesh Sethia, MD & CEO, said:
“Our results reflect the measured and evolving nature of our growth curve, balancing investments in early-stage businesses with profitability in mature ones. With our tech-driven platform and strategic foresight, we aim to democratize financial access for every Indian household.”

JFSL’s Q1 marks a significant step in building a future-ready, cloud-first delivery modelpoised to transform financial inclusion at scale.