HighPositive
Announced Thu, 16 Jul · 18:32 IST

Jio Financial Services Q1 results: Net profit jumps 156% YoY to ₹830 crore, revenue tops ₹2,000 crore

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AI summary

Jio Financial Services reported consolidated net profit of ₹830 crore for Q1 FY27, up 156 percent from ₹325 crore year-on-year and 205 percent sequentially. Revenue from operations surged 223 percent quarter-on-quarter to ₹2,004 crore, driven by a 165 percent jump in interest income to ₹962 crore and a more than fivefold increase in fees and commission income. Total income rose 141 percent YoY to ₹1,496 crore, supported by ₹509 crore in dividend income, though total expenses climbed 291 percent YoY.