JIOFIN2025-07-012025-09-30JIOFIN2025-09-30JIOFIN2025-03-31JIOFIN2025-04-012025-09-30JIOFIN2025-07-012025-09-30in-capmkt:OtherExpenses1MemberJIOFIN2025-04-012025-09-30in-capmkt:OtherExpenses1MemberJIOFIN2025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1JIOFIN2025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2JIOFIN2025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3JIOFIN2025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1JIOFIN2025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2JIOFIN2025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3iso4217:INRiso4217:INRxbrli:shares543940JIOFINNOTLISTEDINE758E01017Jio Financial Services LimitedMain BoardEquity2025-04-012026-03-312025-10-162025-10-09INRCroresQuarterlySecond quarterSingle segmentFinancial2025-10-1616:00:002025-10-1616:45:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated3923700000268970000001398400000180210000000098139000002101000001002400000000094610000013582000007750000000013240000018508000004365000000565900000005659000000768200000112100000880300000477870000000021717000006950400000-96650900000-8970050000069504000000-96650900000063531400000101.11.1001.11.11. The consolidated financial results of Jio Financial Services Limited (hereinafter referred to as "the Parent Company" or "the Company" or "JFSL") comprising of the financial results of the Company and its Subsidiaries (together referred to as "the Group") and its Associates and Joint Ventures for the quarter and half year ended September 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 consolidated financial results have been reviewed and recommended by the Audit Committee in its meeting held on October 16, 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 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). <BR> 2. The joint statutory auditors of the Parent 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. <BR> 3. The Group along with its Associates and Joint Ventures are engaged in the business of Investing & Financing, Leasing, Insurance Broking, Payment Bank and Payment Aggregator, Payment Gateway services and Asset Management services. The Group is currently engaged primarily in the business of investing & financing in India, which constitutes its sole reporting segment in accordance with Ind AS 108 "Operating Segments". <BR> 4. The Board of Directors of the Parent Company, at its meeting held on July 18, 2025, approved the formation of a 50:50 joint venture company with Allianz Europe B.V., (“Allianz”) for the purpose of carrying on the reinsurance business in India and accordingly executed a joint venture agreement on the same date.The Parent Company and Allianz have also entered into a non-binding term-sheet for setting up equally owned joint ventures for both general and life insurance businesses in India. Subsequently, on September 8, 2025, the Parent Company and Allianz incorporated a joint venture company named “Allianz Jio Reinsurance Limited” (“AJRL”) to carry on the business of reinsurance in India, subject to receipt of regulatory approvals. The Parent Company and Allianz have contributted Rs.0.03 crore each towards equity share capital in AJRL and Rs.1.52 crore each towards share application money, pending allotment. <BR> 5. The Board of Directors of the Parent Company, at its meeting held on July 30, 2025, approved the raising of funds through the issuance of up to 50 crore warrants at a price of Rs.316.50 per warrant ( warrant issue price). 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 the Parent Company having a face value of Rs.10 each at a premium of Rs.306.50 per share, aggregating up to Rs.15,825 crore. The Parent Company, after obtaining in-principle approvals from NSE and BSE and approval of its members, allotted 25 crore warrants each, 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 company, on September 3, 2025, upon receipt of Rs.3,956.25 crore, being 25% of total issue price. The remaining 75% of the consideration ( conversion price) shall be payable by the holders at the time of conversion of the warrant. <BR> 6. During the quarter ended June 30, 2025, the Parent Company acquired 7,90,80,000 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 effective from June 18 2025. 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. <BR> 7. The figures for the previous periods/ year have been regrouped/ reclassified, wherever necessary, to make them comparable with those of the current period.2025-04-012025-09-30UnauditedConsolidated755230000026897000000193420000037623000000001593850000028010000016218600000000158290000023462000001388000000002021000002700100000697010000092485000002857000009534200000149140000033200000018234000007710800000000248620000010197000000658670000007606400000010197000000065867000000063531400000101.561.61001.561.61Other expenses1850800000Other expenses27001000002335400000576520000003387000000147116600000135983750000031943000001518587700000075910000015100000000400800000139600000360100000100480000017328000001382300000593050000015245182000006353140000012838611000001347392500000013473925000000015100000852300000003096770000074094400000007471600000113401100000034520000062652100000727300000637246000001771257000001524518200000Remeasurement gain / (Loss) on defined benefit plans-4500000Equity Instruments through OCI-65826000000Share of OCI in Associates and Joint Ventures-40234800000-106065300000Remeasurement gain / (Loss) on defined benefit plans-7300000Equity Instruments through OCI46296100000Share of OCI in Associates and Joint Ventures2619670000072485500000-9414400000661850000000-966509000006586700000000-15113000000000-46517600000847700000-25670000000013880000020210000000000268970000075523000000-3762300000000-2857000000-61387000000-518528000000-2346200000464340000012885000000-4615170000000328459600000418432800000023685000000004918000000000000000000000044085000003341200000029539200000-5554460000017038000000039562500000000211354000000-4364670000003176600000236330000000100508500000-11878000000-118780000035232000002335400000