Due to a significant increase in contributions from its core lending, payments, and asset management businesses, Jio Financial Services Ltd. recorded a consolidated profit of Rs 269 crore for Q3 FY26. Total income more than doubled year over year to Rs 901 crore.
Give the significant development in its core activities, Jio Financial Services Ltd. (JFSL) reported a consolidated profit of Rs 269 crore for the third quarter that ended on December 31. The company’s overall income more than quadrupled from the same period last year.
Because of increased contributions from lending, payments, asset management, and other fee-based activities, the overall total income for Q3 FY26 doubled to Rs 901 crore from the previous year. Pre-provisioning operating profit rose by 7% to Rs 354 crore; nevertheless, the company said that the rise in revenue was partially offset by increasing costs in keeping with business expansion.
The growing share of running business revenue was one of the quarter’s main highlights. In Q3 FY26, net income from core companies made up 55% of overall net income, up from 20% in the same quarter the previous year.
With the NBFC’s assets under management growing 4.5 times year over year and 29 percent sequentially to Rs 19,049 crore, Jio Financial Services’ lending division continues to grow quickly. At Rs 8,615 crore, gross payout for the quarter almost doubled year over year. Pre-provisioning operating profit increased 130 percent to Rs 99 crore, while net interest revenue from the lending sector increased 166 percent year over year to Rs 165 crore.
Strong growth was also observed in the payments situation. Jio Payment Solutions maintained a steady unit-level gross margin of around 10 basis points while transaction processing volume increased 2.6 times year over year to Rs 16,315 crore and gross fee and commission income increased 4.6 times to Rs 96 crore.
After a significant increase in transaction throughput, Jio Payments Bank’s overall revenue increased 10-fold to Rs 61 crore. As of December 31, deposits were Rs 507 crore, up 94% year over year, while the number of customers increased to 3.2 million.
Having one million individual investors, the asset management company, run by the Jio-BlackRock joint venture, reported assets under management of Rs 14,972 crore across 10 funds. According to the business, a sizable amount of inflows came from locations outside of the top 30, and the proportion of first-time mutual fund investors was rising.
A statement from Jio Financial Services, its broad portfolio now comprises companies in a range of growth stages, from early-stage ventures like wealth management, securities broking, and reinsurance to scaled-up verticals like lending, payments, asset management, and insurance broking, with ongoing investments targeted at creating long-term platforms.
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FAQs
Jio Financial Services Q3 FY26 Performance
What is Jio Financial Services’ consolidated profit for Q3 FY26?
Jio Financial Services Ltd. (JFSL) reported a consolidated profit of 269 crore for Q3 FY26, ending December 31, 2025.
How much did Jio Financial Services’ total income grow?
The company’s total income doubled year over year to 901 crore, driven by contributions from core businesses like lending, payments, and asset management.
What were the key drivers of revenue growth for JFSL in Q3 FY26?
Revenue growth was primarily fueled by:
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Lending division
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Payments solutions and bank
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Asset management through Jio-BlackRock joint venture
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Fee-based activities
Net income from core businesses contributed 55% of total net income, up from 20% in the same quarter last year.
How did Jio Financial Services’ lending division perform?
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Assets under management (AUM): 19,049 crore, up 4.5x YoY and 29% sequentially
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Gross disbursement: 8,615 crore, nearly double YoY
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Pre-provisioning operating profit: 99 crore (up 130% YoY)
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Net interest income: 165 crore (up 166% YoY)
How did Jio Payments perform in Q3 FY26?
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Transaction volume: 16,315 crore, up 2.6x YoY
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Gross fee & commission income: 96 crore, up 4.6x YoY
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Jio Payments Bank revenue: 61 crore, up 10x YoY
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Customer base: 3.2 million
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Deposits: 507 crore, up 94% YoY
How is Jio Asset Management doing?
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Assets under management (AUM): 14,972 crore across 10 funds
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Number of investors: 1 million, with rising first-time mutual fund investors
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Significant inflows are coming from locations outside the top 30 cities in India.
What is the overall business strategy of Jio Financial Services?
JFSL’s portfolio now spans multiple growth stages, including:
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Early-stage ventures: wealth management, securities broking, reinsurance
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Scaled-up verticals: lending, payments, asset management, insurance broking The company continues to invest in long-term platforms for sustainable growth.
What is Pre-Provisioning Operating Profit (PPOP) for JFSL in Q3 FY26?
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Overall PPOP rose 7% to 354 crore.
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Lending division PPOP: ₹99 crore
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Payments & other fee-based activities contributed significantly to overall PPOP growth.
How is Jio Financial Services managing cost growth?
While revenue surged, costs have increased due to business expansion. The rise in expenditure partially offset the revenue gains but reflects strategic investment for long-term growth.
Where can I get expert financial advice on Jio Financial Services shares?
Moneycontrol.com advises that the opinions and financial advice of experts are their own, and investors should consult qualified financial professionals before making investment decisions.
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