Jio Financial Services Limited (JFSL), the financial arm of Reliance Industries, reported its consolidated financial results for the fourth quarter (Q4) and full fiscal year ending March 31, 2026 (FY26). The quarter was marked by robust revenue growth across all business segments, significant digital expansion, and the scaling of new ventures. However, profitability was impacted by higher finance costs, increased operating expenses, and the full consolidation of Jio Payments Bank’s operating losses. Despite these headwinds, JFSL’s core business operations—spanning lending, payments, asset management, and insurance—demonstrated strong momentum, with key metrics such as assets under management (AUM), total payment value (TPV), and user base reaching new highs.

Headline Q4 FY26 Metrics:

• Consolidated Total Income: ₹1,020 crore (up 97% YoY)

• Profit After Tax (PAT): ₹272 crore (down 14% YoY)

• Pre-Provision Operating Profit (PPOP): ₹327 crore (down 13% YoY)

• Dividend Announced: ₹0.60 per share.

• Jio Credit AUM: ₹25,711 crore (up 156% YoY)

• Jio Payment Solutions TPV: ₹14,626 crore (up 145% YoY)

• Jio Payments Bank Deposits: ₹544 crore (up 84% YoY)

• JioBlackRock AMC AUM: ₹15,218 crore (within 9 months of launch)

• Jio Insurance Broking Premium: ₹273 crore in Q4 (up 15% YoY)

• Unique Digital Users: 23 million across platforms

These results underscore JFSL’s transition from foundational build-out to sustained operational velocity, positioning it as a formidable player in India’s rapidly evolving financial services landscape.