Despite the profit drop, total revenue from operations more than doubled, rising 106% to Rs 1,019 crore from Rs 493 crore a year earlier.
On a sequential basis, profit after tax edged up 1.2% from Rs 269 crore, while revenue grew 13% quarter-on-quarter (QoQ) from Rs 901 crore. Net interest income for the quarter came in at Rs 202 crore, sharply higher than Rs 81 crore in the corresponding period last year.
For the full year, the company’s consolidated total income stood at Rs 3,274 crore, marking a 78% increase on a yearly basis. During FY26, Jio Credit’s assets under management crossed Rs 25,000 crore, while Jio Payment Solutions reported total payment value exceeding Rs 50,000 crore.
Among other highlights, net income from business operations rose fourfold YoY to Rs 1,390 crore, accounting for 54% of consolidated net income in FY26 (up from 20% in FY25). Jio Payments Bank Limited’s deposit base reached Rs 544 crore, reflecting 84% growth over the previous year.
JioBlackRock AMC’s AUM stood at over Rs 15,200 crore at the end of FY26, achieved within nine months of launch. Meanwhile, Jio Insurance Broking Limited reported a total premium of Rs 982 crore for the year, up 10% year-on-year. Consolidated pre-provision operating profit was Rs 1,357 crore, while profit after tax stood at Rs 1,561 crore.
The company recommended a dividend of Rs 0.60 per equity share for FY26. Details regarding the Annual General Meeting and the dividend payment date will be announced in due course, as per the filing.Commenting on the performance, Managing Director and CEO Hitesh Sethia described FY26 as a landmark year for growth. He said the company’s strong execution reflects the increasing acceptance of its offerings across the country, with its presence now extending to over 19,000 pincodes.
He added that the company aims to build on this momentum in FY27, focusing on sustainable growth and long-term value creation while supporting India’s economic progress.
Jio Financial shares are down 21% in the last six months and about 17% since the beginning of the year.
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