General information about company |
|
|---|---|
| Scrip code | 543940 |
| NSE Symbol | JIOFIN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE758E01017 |
| Name of company | Jio Financial Services Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-Apr-2025 |
| Date of end of financial year | 31-Mar-2026 |
| Date of board meeting when results were approved | 17-Jul-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 10-Jul-2025 |
| Description of presentation currency | INR (in Actuals) |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | Financial |
| Start date and time of board meeting | 17-Jul-2025 15:45:00 |
| End date and time of board meeting | 17-Jul-2025 16:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether the company has any related party? | |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | |
| Latest Date on which RPT policy is updated | |
| Indicate Company website link for updated RPT policy of the Company | |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There are no outstanding loans and debt securities, hence, no default as such. | |
Financial Results — NBFC |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 375500000 | 375500000 |
| (ii) | Dividend Income | 0 | 0 |
| (iii) | Rental Income | 0 | 0 |
| (iv) | Fees and commission Income | 0 | 0 |
| (v) | Net gain on fair value changes | 967300000 | 967300000 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0 | 0 |
| (vii) | Sale of products (including Excise Duty) | 0 | 0 |
| (viii) | Sale of services | 0 | 0 |
| (ix) | Other revenue from operations | ||
| Total other revenue from operations | |||
| Total Revenue From Operations | 1342800000 | 1342800000 | |
| Other income | 0 | 0 | |
| Total income | 1342800000 | 1342800000 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0 | 0 | |
| Purchases of stock-in-trade | 0 | 0 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 | |
| Employee benefit expense | 175100000 | 175100000 | |
| Finance costs | 0 | 0 | |
| Depreciation, depletion and amortisation expense | 32100000 | 32100000 | |
| Fees and commission expense | 0 | 0 | |
| Net loss on fair value changes | 0 | 0 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0 | 0 | |
| Impairment on financial instruments | -61100000 | -61100000 | |
| (f) | Other expenses | ||
| 1 | other expenses | 235200000 | |
| Total other expenses | 235200000 | 235200000 | |
| Total expenses | 381300000 | 381300000 | |
| 3 | Total profit before exceptional items and tax | 961500000 | 961500000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | 961500000 | 961500000 |
| 7 | Tax expense | ||
| 8 | Current tax | 105500000 | 105500000 |
| 9 | Deferred tax | 141400000 | 141400000 |
| 10 | Total tax expenses | 246900000 | 246900000 |
| 11 | Net Profit Loss for the period from continuing operations | 714600000 | 714600000 |
| 12 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 13 | Tax expense of discontinued operations | 0 | 0 |
| 17 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | 0 |
| 15 | Total profit (loss) for period | 714600000 | 714600000 |
| 16 | Other comprehensive income net of taxes | 1800000 | 1800000 |
| 17 | Total Comprehensive Income for the period | 716400000 | 716400000 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 63531400000 | 63531400000 | |
| Face value of equity share capital | 10 | 10 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 0.11 | 0.11 | |
| Diluted earnings per share from continuing operations | 0.11 | 0.11 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 0.11 | 0.11 | |
| Diluted earnings per share | 0.11 | 0.11 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
Remarks |
||
|---|---|---|
| 23 | Debt equity ratio | |
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio | |
Text Block |
|||
|---|---|---|---|
| Textual Information(1) | 1.The standalone financial results of Jio Financial Services Limited (formerly known as Reliance Strategic Investments Limited) (hereinafter referred to as the Company) for the quarter ended June 30, 2025 have been prepared in accordance with the Indian Accounting Standards (Ind-AS) 34 Interim Financial Reporting as notified under section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder as amended from time to time and in compliance with Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as the SEBI Regulations) and other recognised accounting practices generally accepted in India along with the circulars, guidelines and directions issued by the Reserve Bank of India (hereinafter referred to as the RBI) from time to time. These standalone financial results have been reviewed and recommended by the Audit Committee in its meeting held on July 17, 2025 and approved by the Board of Directors in their meeting held on the same date. These financial results are available on the website of the Company viz. https://www.jfs.in and on the website of BSE Limited (BSE) (www.bseindia.com) and National Stock Exchange of India Limited (NSE) (www.nseindia.com). 2.The joint statutory auditors of the Company have carried out limited review of the aforesaid results as required in terms of Regulation 33 of the SEBI Regulations and have given an unmodified conclusion in their review report. 3.The Company is currently engaged primarily in the business of investing in India, which constitutes its sole reporting segment in accordance with Ind AS 108 Operating Segments. 4A.Pursuant to a joint application by the Company and BlackRock Financial Management Inc. (BFMI), the Securities and Exchange Board of India (SEBI) granted a certificate of registration to Jio BlackRock Mutual Fund on May 26, 2025. Simultaneously, SEBI has also approved Jio BlackRock Asset Management Private Limited to act as the Asset Management Company (AMC) for the mutual fund. During the quarter, both the Company and BlackRock Advisors Singapore Pte. Ltd. have contributed Rs.63.00 crore each as equity capital in Jio BlackRock Asset Management Private Limited. 4B.SEBI, vide letter dated June 10, 2025, has granted a certificate of registration to Jio BlackRock Investment Advisers Private Limited (“JBIAPL”) to act as an Investment Adviser. During the quarter, the Company and BlackRock Advisors Singapore Pte. Ltd. have contributed Rs. 66.50 crore each as equity share capital in JBIAPL. 5.Jio BlackRock Investment Advisers Private Limited, a Joint Venture company of the Company had incorporated a wholly owned subsidiary named ‘Jio BlackRock Broking Private Limited’ (JBBPL) on January 20, 2025 to engage primarily in the business of broking. SEBI, vide letter dated June 25, 2025 has granted a certificate of registration to JBBPL to act as a Stock Broker/ Clearing Member. 6.Pursuant to the approvals from its Board of Directors and the Reserve Bank of India (RBI), the Company has completed the acquisition of 7,90,80,000 equity shares representing 14.96% of equity share capital of Jio Payments Bank Limited (JPBL) from the State Bank of India for Rs.104.54 crore on June 18, 2025. This transaction has resulted in JPBL becoming a wholly-owned subsidiary of the company with effect from June 18, 2025. During the quarter, the Company has made further investment of Rs.190 crore in equity shares of JPBL. 7.The figures for the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2025 and the published unaudited year to date figures up to December 31, 2024 being the end of third quarter of the previous financial year, which were subjected to limited review by the joint statutory auditors of the Company. 8.The figures for the previous periods/ year have been regrouped/ reclassified, wherever necessary, to make them comparable with those of the current period. | ||
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| Whether accounts are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| Total Segment Revenue | |||
| Less: Inter segment revenue | |||
| Revenue from operations | |||
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| Total Profit before tax | |||
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | |||
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| Total Segment Asset | |||
| Un-allocable Assets | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | |||
Other Comprehensive Income |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurements of the defined benefit plans | 2400000 | 2400000 |
| Total Amount of items that will not be reclassified to profit and loss | 2400000 | 2400000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 600000 | 600000 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0 | 0 |
| 5 | Total Other comprehensive income | 1800000 | 1800000 |