on Friday reported a 14 per cent decline in consolidated net profit to ₹272 crore for the March quarter of 2025-26 due to higher expenditures.
The company had a net profit of ₹316 crore for the January-March quarter of 2024-25.
Its total income nearly doubled to ₹1,020 crore in the January-March quarter of FY26 from ₹518 crore in the corresponding period of FY25.
The total expenditure surged to ₹720 crore during the quarter from ₹169 crore in Q4 of FY25.
The company, in a statement, said, “Geopolitics-led volatility impacted treasury income on a higher capital base”.
For the full 2025-26, Jio Financial Services reported a net profit of ₹1,561 crore against ₹1,613 crore in FY25.
“The company’s performance for the year represents a pivotal inflection point for JFSL, marking a definitive transition from foundational groundwork to sustained operational velocity across a diverse spectrum of businesses,” Jio Financial Services said.
The company declared a dividend of ₹0.60 per equity share of ₹10 each for the financial year ended March 31, 2026.
It also approved the appointment of Annapoorna Venkataramanan as a Group Chief Financial Officer, effective May 11, 2026.
On the performance of Jio Payments Bank, JFSL said its total income grew 11 times year-on-year to ₹87 crore in Q4 FY26, supported by a 61 per cent year-on-year increase in CASA customer base to 3.7 million.
Average deposit per customer increased 20 per cent year-on-year to ₹1,439 in Q4 FY26. The bank’s toll processing operations are now live across 18 toll plazas in 8 states.
Jio Financial Services shares closed at ₹243.95, up 1.10 per cent over the previous close on BSE.