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Informist, Thursday, Jan. 15, 2026

 

By Krity Ambey and Shubham Rana

 

NEW DELHI – Jio Financial Services Ltd. is planning to launch new investment funds and more third-party products under its various business verticals, the management said Thursday after the company detailed its financial results for the December quarter. The company also offers lending, insurance, and payments bank services.

 

The company will soon launch a sector rotation fund, and it has also filed an application with the Securities and Exchange Board of India to introduce a specialised investment fund for Jio BlackRock's wealth management and securities broking business, the management said in a call with investors. "We have appointed the leadership and senior management teams in preparation for the launch of these operations."

 

"Over the next few quarters, we will continue to expand this repository by integrating more digital first third-party products," the management said. "This steady evolution ensures our platform remains a comprehensive destination that anticipates and meets the evolving needs of our customers."

 

Jio Financial's net profit for the December quarter was INR 2.69 billion, down nearly 9% on year as the company's expenses jumped up over fourfold to INR 5.66 billion. But the company's total income doubled to INR 9.01 billion, which mostly included revenue from operations and INR 1.5 million of other income. 

 

As revenue from operations in the reporting quarter accounted for almost the entire income, its management termed this a pivotal inflection point. "The progressively rising share of net income from business operations, which stood only at 20% in Q3FY25, indicates that we have reached an inflection point where our core operations have become the primary driver of our financial performance, even as we continue to use our treasury income to invest for growth," the management said. "With this solid foundation firmly in place, we are now poised to leverage our scale to bring to market trusted and intelligent financial services that are tailored to the unique individual context of every customer we serve."

 

The company detailed its earnings after market hours. On Wednesday, its shares ended marginally higher at INR 287 on the National Stock Exchange.  End

 

Edited by Ashish Shirke

 

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