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Informist, Thursday, Jul. 16, 2026

--Jio Financial: FY27 has started on a robust note for us 

--CONTEXT: Comments from Jio Financial mgmt in post earnings analyst call 

--Jio Financial: Top-tier asset quality remains priority for Jio Credit 

--Jio Financial: Well positioned for beta launch of brokerage platform in Q2 

--Jio Financial: Growth in topline result of enhanced treasury operations 

--Jio Financial: Have ample financial cushion to pursue long term goals 

By Kabir Sharma and Nandini Sinha

MUMBAI – Jio Financial Services Ltd.'s strong capital position would enable it to continue investing across lending, payments, insurance and wealth management businesses. "...our businesses that are maturing profitably along with our robust treasury management operations gives us ample financial cushion to pursue our long-term strategic goals while keeping our core capital base fully protected," Chief Financial Officer Annapurna Venkatramanan said.

The company has started 2026-27 (Apr-Mar) on a "robust" note, backed by rapid growth across its lending, payments and investment businesses, while maintaining a sharp focus on asset quality and investing for long-term expansion, the management said in a post-earnings analyst call.

It said the company remains focused on scaling its businesses without compromising underwriting standards, even as Jio Credit's loan book continues to expand rapidly. "Our legacy-free tech stack allows us to offer some of the fastest turnaround times in the industry via end-to-end digitization. However, let me restate that we are scaling responsibly. We continue to maintain highly stringent credit guardrails and macro underwriting rules to ensure top-tier asset quality as the book matures," the management said. 

Jio Credit's gross assets under management surged 163% on year to more than INR 300 billion during the June quarter, while quarterly disbursements jumped 173% to over INR 110 billion. The company said its diversified loan mix and low funding costs position it well for future expansion.

On the wealth management front, the company indicated that its broking business is nearing launch. "Looking ahead, our wealth management vertical is moving fast and we are now well positioned for the beta launch of our securities brokering platform in Q2 FY27 (Jul-Sept)," the management said. 

Explaining the sharp increase in standalone income during the quarter, Venkatramanan attributed the growth primarily to treasury operations. "Standalone total income increased 63% year on year and 62% sequentially to Rs 219 crores (INR 2.19 billion)...This top line growth is a direct result of our enhanced corporate treasury operations as explained earlier," she said. 

The CFO also noted that consolidated income benefited from "robust treasury operations" alongside the full consolidation of Reliance Services and Holdings Ltd. Treasury income improved after strategic portfolio reallocations and favourable Reserve Bank of India policy actions increased treasury yields during the quarter.

The company added that it would continue expanding across its four strategic pillars – borrowing, payments, investments and protection – while maintaining strict risk discipline and leveraging technology and artificial intelligence to improve operating efficiency and customer experience. Jio Financial Services posted a consolidated net profit of INR 8.30 billion for the June quarter, up 156% on year and 205% on quarter. On Thursday, the company's shares closed 0.4% lower at INR 235.65 apiece on the National Stock Exchange.  End

Edited by Avishek Dutta

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