JIOFIN2026-07-012026-09-30JIOFIN2026-09-30JIOFIN2026-03-31JIOFIN2026-04-012026-09-30JIOFIN2026-07-012026-09-30in-capmkt:OtherExpenses1MemberJIOFIN2026-04-012026-09-30in-capmkt:OtherExpenses1MemberJIOFIN2026-09-30OtherFinancialAssetsDomain1JIOFIN2026-09-30OtherNonFinancialAssetsDomain1JIOFIN2026-09-30OtherFinancialLiabilitiesDomain1JIOFIN2026-09-30OtherNonFinancialLiabilitiesDomain1JIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-04-012026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-04-012026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-04-012026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-04-012026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-04-012026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-04-012026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-09-30in-capmkt:ReportableSegments1MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-09-30in-capmkt:ReportableSegments2MemberJIOFIN2026-07-012026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-09-30in-capmkt:ReportableSegments3MemberJIOFIN2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1JIOFIN2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2JIOFIN2026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3JIOFIN2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1JIOFIN2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2JIOFIN2026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3iso4217:INRiso4217:INRxbrli:shares543940JIOFINNOTLISTEDINE758E01017Jio Financial Services LimitedMain BoardEquity2026-04-012027-03-312026-10-152026-10-08INRCroresQuarterlySecond quarterMulti segment2026-10-1516:45:002026-10-1518:00:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated12576800000002770900000164510000000016992800000130000016994100000000146670000057773000001131000000004075000003896100000116607000005333400000053334000001693700000-20350000014902000003843200000000-4388000003404400000-75673800000-7226940000066031400000100.510.51000.510.511 The consolidated financial results of Jio Financial Services Limited (hereinafter referred to as "the Parent Company " or "JFSL") for the quarter and half year ended September 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") and Insurance Regulatory and Development Authority of India (IRDAI) from time to time. These consolidated financial results have been reviewed and recommended by the Audit Committee in its meeting held on October 15, 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 and Jio Credit Limited (“JCL”), a wholly owned subsidiary of the Parent Company, have executed Share Subscription Agreement and Shareholders’ Agreement with NB Holdings Corporation (“NB Holdings, USA”), wholly owned subsidiary of Bank of America Corporation on August 12, 2026 for investment of up to Rs.18,268.22 crore by NB Holdings, USA in JCL. The proposed investment is by way of subscription of (i) up to 4,29,29,760 equity shares of face value of Rs.10/- each (representing 26.50% of the post-issue paid-up equity share capital of JCL), for cash, for an aggregate consideration of up to Rs. 6612.90 crore; and (ii) up to 7,56,64,248 warrants, for cash, for an aggregate consideration of up to Rs.11,655.32 crore each warrant convertible within 18 months from the date of allotment into 1 (one) fully paid-up equity share of JCL. 25% of the consideration payable for the warrants to be paid at the subscription to the warrants and the balance at the time of conversion. Post conversion of warrants, NB Holdings, USA will hold 49.90% of the paid-up equity share capital of JCL. The proposed investment is subject to statutory and regulatory approvals as may be applicable. <br /> <br /> 4 The Parent Company and Allianz Europe B.V. (“Allianz”) pursuant to joint venture agreement dated April 22, 2026, have incorporated a joint venture company named “Jio Allianz General Insurance Limited” ("JAGIL”), on May 12, 2026, to carry on the general insurance business subject to regulatory approvals for which necessary applications have been made by JAGIL. The Parent Company and Allianz have made an investment of Rs. 375 crore each towards equity share capital of JAGIL during the half year ended September 30, 2026. <br /> <br /> 5 During the half year ended September 30, 2026, the trustees of Petroleum Trust (PT), at their Meeting on April 22, 2026, has 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. 0.01 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 PT has been dissolved while 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 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 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 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 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 September 30, 2026. <br /> <br /> 7 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 /> 8 The figures for the previous periods/ year have been regrouped/ reclassified, wherever necessary, to make them comparable with those of the current period. <br /> 2026-04-012026-09-30UnauditedConsolidated2219260000050859000000601630000037427000000003703750000020000003703950000000029862000009960600000207600000000653800000801060000021818800000152207000000152207000003626000000-741500000288450000012336200000000-62930000011706900000-109701800000-9799490000066031400000101.781.78001.781.78Other expenses3896100000Other expenses80106000003857800000120735100000320000046770000037493410000013034794000003394100000180687140000001244700000343400000111610000012470000013916000001004800000186680000026928000009784900000181665630000066031400000122992430000012959557000001295955700000793400000136100000196220000013425690000027899370000017305900000433448200000574500000777200000848968000001003900000872524000005207006000001816656300000Other Financial assets3394100000Other non - Financial assets2692800000Other financial liabilities17305900000Other non-financial liabilities1003900000Investing5214200000Lending9203600000Others2875500000Investing15031500000Lending16184400000Others645460000017293300000376705000003005000006330000001699280000037037500000Investing2387000000Lending1479000000Others-461600000Investing9984500000Lending2544900000Others-822500000340440000011706900000340440000011706900000Investing1265628300000Lending504372800000Others46655200000181665630000001816656300000Investing86154900000Lending416462100000Others1808360000052070060000005207006000001 - During the quarter and half year ended September 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. Investing Segment and Lending Segment, and balance are grouped under Others. These segments are identified by reference to the principal business of each Group entity and all activities of an entity are reported within its segment. The Group's operations are within India. <br /> <br /> 2 - Investing Segment 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). <br /> Lending Segment represents the financing activity of the Group. Others includes leasing, insurance broking, payment bank, payment aggregator and payment gateway services and other activities. <br /> <br /> 3 - 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 plans500000Equity instruments through OCI-88301000000Share of OCI in Associates and Joint Ventures4100000-88296400000Remeasurements of the defined benefit plans-8700000Equity instruments through OCI-156015100000Share of OCI in Associates and Joint Ventures24015100000-132008700000-12622600000-22306900000-75673800000-10970180000099606000000-129200000000000-214800000438470000000-11697040000020760000065380000017480000000005085900000221926000000-374270000000000-134116900000-118896200000001203450000037555000000-1106172000000034663560000045483800000004300000000000105210000000000000000000000508590000038944000000-30517500000-13509170000010081000000593438000000000904600000002683411200000257952120000003961900000832370000000242416300000-32926000000-329260000071504000003857800000