INTEGRATED FILING — NBFC



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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 16-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
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 Multi segment
Description of single segment
Start date and time of board meeting 16-07-2026   16:30:00
End date and time of board meeting 16-07-2026   17:35:00
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


Financial Results — NBFC

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 96,158.00 96,158.00
(ii) Dividend Income 50,859.00 50,859.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 32,454.00 32,454.00
(v) Net gain on fair value changes 20,976.00 20,976.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 2,00,447.00 2,00,447.00
Other income 7.00 7.00
Total income 2,00,454.00 2,00,454.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 15,195.00 15,195.00
Finance costs 41,833.00 41,833.00
Depreciation, depletion and amortisation expense 945.00 945.00
Fees and commission expense 0.00 0.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 2,463.00 2,463.00
(f) Other expenses
1 Other expenses 41,145.00 41,145.00
Total other expenses 41,145.00 41,145.00
Total expenses 1,01,581.00 1,01,581.00
3 Total profit before exceptional items and tax 98,873.00 98,873.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 98,873.00 98,873.00
7 Tax expense
8 Current tax 19,323.00 19,323.00
9 Deferred tax (5,380.00) (5,380.00)
10 Total tax expenses 13,943.00 13,943.00
11 Net Profit Loss for the period from continuing operations 84,930.00 84,930.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method (1,905.00) (1,905.00)
15 Total profit (loss) for period 83,025.00 83,025.00
16 Other comprehensive income net of taxes (3,40,280.00) (3,40,280.00)
17 Total Comprehensive Income for the period (2,57,255.00) (2,57,255.00)
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 6,60,314.00 6,60,314.00
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 1.27 1.27
Diluted earnings per share from continuing operations 1.27 1.27
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 1.27 1.27
Diluted earnings per share 1.27 1.27
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 consolidated financial results of Jio Financial Services Limited (hereinafter referred to as the Parent Company or JFSL) for the quarter ended June 30, 2026 have been prepared in accordance with recognition and measurement principles of 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 consolidated financial results have been reviewed and recommended by the Audit Committee in its meeting held on July 16, 2026 and approved by the Board of Directors in their meeting held on the same date. These financial results are available on the website of JFSL 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 Parent 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 Parent Company, on September 3, 2025, had allotted 25 crore warrants each at a price of Rs. 316.50 per warrant, by way of preferential issue on private placement basis, to Sikka Ports & Terminals Limited and Jamnagar Utilities & Power Private Limited, entities forming part of the promoter group of the Parent Company, upon receipt of Rs. 3,956.25 crore, being 25% of total issue price of the said warrants. Each warrant is convertible by the holder thereof on or before expiry of 18 months from the date of allotment into one fully paid-up equity share of Rs. 10 each of the Parent Company. On April 21, 2026, the Parent Company allotted 12.5 crore equity shares of face value of Rs. 10 each at a premium of Rs. 306.50 per share, each to the above promoter group companies, upon receipt of Rs. 5,934.38 crore, being balance 75% of the issue price of the warrants. Post-allotment, the paid-up equity share capital of the Parent Company has increased from Rs. 6,353.14 crore (635.31 crore equity shares) to Rs. 6,603.14 crore (660.31 crore equity shares) and the total promoter and promoter group shareholding has become 49.13% from 47.12%. The remaining 25 crore warrants are outstanding as on June 30, 2026. 4) The Board of Directors of the Parent Company, at its meeting held on April 22, 2026, approved the formation of a 50:50 joint venture company with Allianz Europe B.V. (“Allianz”) for carrying on general insurance business (including health insurance) in India and a joint venture agreement to the effect was executed on the said date. Subsequently, on May 12, 2026, the Parent Company and Allianz on receipt of no objection certificate from Insurance Regulatory and Development Authority of India (IRDAI), have incorporated a joint venture company named “Jio Allianz General Insurance Limited” (JAGIL”), to carry on the general insurance business subject to regulatory approvals for which necessary applications have been made by JAGIL. During the quarter, the Parent Company and Allianz have made an investment of Rs. 4.95 crore each towards equity share capital of JAGIL. 5) During the quarter, the trustees of Petroleum Trust (PT), in their meeting on April 22, 2026,�decided to distribute its assets and liabilities to its sole beneficiary i.e. Reliance Industrial Investments and Holdings Limited (RIIHL), the wholly owned subsidiary of the Parent Company. Consequently, investments of PT in equity and preference shares of Reliance Services and Holdings Limited (RSHL) amounting to Rs. 0.005 crore and Rs. 9,306.99 crore respectively have been�distributed�to RIIHL�on�April�29, 2026 and RSHL has become wholly owned subsidiary of RIIHL with effect from the said date. PT and RSHL has therefore been consolidated in these financial results as an associate till April 29, 2026 and thereafter RSHL has been consolidated as a wholly owned step-down subsidiary of the Parent Company. No fair valuation gain or loss with respect to previously held interest in equity of RSHL has arisen and hence there is no impact in these consolidated financial results. 6) On June 18, 2025, the Parent Company acquired 79,080,000 equity shares of Jio Payments Bank Limited (JPBL) from State Bank of India representing 14.96% of equity share capital of JPBL for Rs. 104.54 crore. Consequently, JPBL has become a wholly owned subsidiary. Exceptional item represents the excess of fair value gain on remeasurement of investment in JPBL of Rs. 439.16 crore over the goodwill of Rs. 410.59 crore relating to this acquisition. 7) The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2026 and the published unaudited year to date figures upto December 31, 2025 being the end of the third quarter, which were subjected to limited review by the joint statutory auditors of the Parent 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

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Investing 98,173.00 98,173.00
2 Lending 69,808.00 69,808.00
3 Others 35,791.00 35,791.00
Total Segment Revenue 2,03,772.00 2,03,772.00
Less: Inter segment revenue 3,325.00 3,325.00
Revenue from operations 2,00,447.00 2,00,447.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Investing 75,975.00 75,975.00
2 Lending 10,659.00 10,659.00
3 Others (3,609.00) (3,609.00)
Total Profit before tax 83,025.00 83,025.00
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 83,025.00 83,025.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Investing 1,36,44,118.00 1,36,44,118.00
2 Lending 36,19,935.00 36,19,935.00
3 Others 3,06,715.00 3,06,715.00
Total Segment Asset 1,75,70,768.00 1,75,70,768.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 1,75,70,768.00 1,75,70,768.00
4 Segment Liabilities
Segment Liabilities
1 Investing 9,88,490.00 9,88,490.00
2 Lending 27,53,541.00 27,53,541.00
3 Others 1,06,866.00 1,06,866.00
Total Segment Liabilities 38,48,897.00 38,48,897.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 38,48,897.00 38,48,897.00
Disclosure of notes on segments Textual Information(1)


Text Block

Textual Information(1) During the quarter ended June 30, 2026, in accordance with Ind AS 108 on Segment Reporting, the Parent Company, based on the review being carried out by the Chief Operating Decision Maker, has identified�two reportable�business segments i.e. Investment Activity, Lending Activity�and�balance are grouped under�Others.�The Group’s operations are within India. Investing activity represents Investments in money market instruments, debt securities etc. and investment in associates and joint ventures (joint ventures are involved in asset & wealth management services, general insurance and reinsurance services); Lending activity represents the financing activity of the Group. Others represents leasing, insurance broking, payment bank, payment aggregator and payment gateway services and other activities. The segment revenue, segment results, segment assets, and segment liabilities for the corresponding previous periods have been compiled wherever necessary to conform to the current period's presentation.


Other Comprehensive Income

Amount in (Lakhs)

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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans -9200000 -9200000
2 Equity Instruments through OCI -67714100000 -67714100000
3 Income tax relating to above items 9684300000 9684300000
4 Share of Other Comprehensive Income in Associates and Joint Ventures 24011000000 24011000000
Total Amount of items that will not be reclassified to profit and loss -34028000000 -34028000000
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
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 0.00 0.00
5 Total Other comprehensive income (3,40,280.00) (3,40,280.00)