Results16 Oct 2026 · Thu night
JIOFINJio Financial Services
Jio Financial's Q2 profit falls to ₹340 crore from ₹695 crore on revenue of ₹1,699 crore
Jio Financial Services reported September-quarter consolidated net profit of ₹340 crore against ₹695 crore a year earlier, below a ₹470 crore estimate cited by Sahi, on revenue of ₹1,699 crore.
Price, Thursday's close₹219.010.00%
Last 5 days
- Sector
- Financial services
What happened
- Consolidated net profit was ₹340 crore against ₹695 crore a year earlier, according to Sahi, which cited a consensus estimate of ₹470 crore. ScanX gave the fall as 51%.
- Sahi put consolidated revenue at ₹1,699 crore against ₹981 crore a year earlier.
- ScanX reported that finance costs rose 325% from a year earlier.
- The shares closed at ₹219.01 on Thursday, per Zerodha Kite, before the results.
Why it matters
Revenue rose from ₹981 crore to ₹1,699 crore in Sahi's figures while profit fell 51% per ScanX, which also points to a 325% rise in finance costs.
Good to know: Finance costs are the interest a lender pays on the money it borrows to fund its loans. When a lending book grows quickly, these costs can rise faster than the income the loans earn.
Key facts
- Net profit
- ₹340 crore (₹695 crore), per Sahi
- Revenue
- ₹1,699 crore (₹981 crore), per Sahi
- Estimate cited
- ₹470 crore (per Sahi)
- Finance costs
- Up 325% year on year (per ScanX)
Read the source
This is a summary of public news about Jio Financial Services, for information only. It is not a recommendation to buy, sell or hold JIOFIN.
Jio Financial Services in the news before
- 5 OCT 2026 · EVENING · DEALS & FUNDINGJio Financial and Allianz each put ₹320 crore into their general insurance venture