The net profit soared 114% on a sequential basis compared to Rs 325 crore in Q1FY26 while the topline increased 60% on a quarter-on-quarter basis versus Rs 612 crore reported by the Mukesh Ambani promoted company in the April-June quarter of FY25.
Jio Financial’s interest income stood at Rs 392 crore in Q2FY26 versus Rs 363 crore in Q1FY26 and Rs 205 crore in Q2FY25 while revenue from fees, commission & other services was reported at Rs 140 crore, up from Rs 54 crore in Q1FY26 and Rs 41 crore in Q2FY25.
Jio Financial’s profit before tax (PBT) in the quarter under review stood at Rs 783 crore versus Rs 419 crore in Q1FY26 and Rs 773 crore in Q2FY25.
The company’s Q2FY26 expenses climbed to Rs 436.50 crore versus Rs 260.51 crore in Q1FY26 and Rs 146.07 crore in Q2FY25, recording a 68% QoQ and 199% YoY jump.
The expenses were made under the heads including finance costs, employee benefits expense and other expenses. Jio’s Assets Under Management (AUM) stood at Rs 14,712 crore, up from Rs 1,206 crore in Q2 FY25. AMC AUM stood at Rs 15,980 crore and its maiden NFO for actively managed flexi cap fund garnered Rs 1,500 crore in investments.The pre-provisioning operating profit stood at Rs 579 crore, compared to Rs 552 crore in Q2 FY25.