5439402026-04-012026-06-305439402026-06-305439402026-04-012026-06-30in-capmkt:OtherExpenses1Member5439402026-04-012026-06-30in-capmkt:ReportableSegments1Member5439402026-04-012026-06-30in-capmkt:ReportableSegments2Member5439402026-04-012026-06-30in-capmkt:ReportableSegments3Member5439402026-04-012026-06-30in-capmkt:ReportableSegments1Member5439402026-04-012026-06-30in-capmkt:ReportableSegments2Member5439402026-04-012026-06-30in-capmkt:ReportableSegments3Member5439402026-04-012026-06-30in-capmkt:ReportableSegments1Member5439402026-06-30in-capmkt:ReportableSegments1Member5439402026-04-012026-06-30in-capmkt:ReportableSegments2Member5439402026-06-30in-capmkt:ReportableSegments2Member5439402026-04-012026-06-30in-capmkt:ReportableSegments3Member5439402026-06-30in-capmkt:ReportableSegments3Member5439402026-04-012026-06-30in-capmkt:ReportableSegments1Member5439402026-06-30in-capmkt:ReportableSegments1Member5439402026-04-012026-06-30in-capmkt:ReportableSegments2Member5439402026-06-30in-capmkt:ReportableSegments2Member5439402026-04-012026-06-30in-capmkt:ReportableSegments3Member5439402026-06-30in-capmkt:ReportableSegments3Member5439402026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15439402026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25439402026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss35439402026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss4iso4217:INRiso4217:INRxbrli:shares543940JIOFINNOTLISTEDINE758E01017Jio Financial Services LimitedMain BoardEquity2026-04-012027-03-312026-07-162026-07-09INRCroresQuarterlyFirst quarterMulti segment2026-07-1616:30:002026-07-1617:35:00Not applicable2026-04-012026-06-30UnauditedConsolidated96158000005085900000032454000002097600000000200447000007000002004540000000015195000004183300000945000000002463000004114500000101581000009887300000098873000001932300000-53800000013943000008493000000000-1905000008302500000-34028000000-25725500000000066031400000101.271.27001.271.271) 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). <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 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. <br /> <br /> 8) The figures for the previous periods/ year have been regrouped/ reclassified, wherever necessary, to make them comparable with those of the current period.Other expenses4114500000Investing9817300000Lending6980800000Others35791000002037720000033250000020044700000Investing7597500000Lending1065900000Others-3609000008302500000008302500000Investing1364411800000Lending361993500000Others30671500000175707680000001757076800000Investing98849000000Lending275354100000Others106866000003848897000000384889700000During 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. <br /> <br /> 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. <br /> <br /> 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.Remeasurements of the defined benefit plans-9200000Equity Instruments through OCI-67714100000Income tax relating to above items9684300000Share of Other Comprehensive Income in Associates and Joint Ventures24011000000-3402800000000-34028000000