Jio Financial Services Limited Q3 FY26 Financial Performance
The company reported consolidated total income of INR 901 crore, marking a 101% year-on-year growth in Q3 FY26. Pre-provisioning operating profit increased 7% YoY to INR 354 crore, supported by strong business momentum, although growth in total income was partly offset by higher operating expenses in line with increased volumes across all business segments.
Profit after tax stood at INR 269 crore for the quarter. The share of net income generated from core businesses rose sharply to 55% of consolidated total net income, compared to 20% in Q3 FY25, reflecting improved operating leverage and a more balanced earnings mix.
The NBFC business recorded assets under management of INR 19,049 crore, representing a 4.5x year-on-year increase and 29% quarter-on-quarter growth. The Asset Management Company’s AUM reached INR 14,972 crore across 10 funds, supported by a retail investor base of one million.
Payment Solutions posted a transaction processing volume of INR 16,315 crore, up 2.6x YoY, while the Payments Bank’s deposits grew 94% year-on-year to INR 507 crore. Ongoing investments to support long-term growth and scalability across the AMC and Wealth Management Company resulted in a lower contribution from associates and joint ventures during the quarter.