Jio Financial Services (JIOFIN) investor relations material

Executive summary

• Achieved robust growth across all business segments in Q1 FY27, with consolidated total income up 141% year-over-year to INR 1,496 crore and profit after tax up 156% to INR 830 crore, driven by technology, AI, and a full-stack financial ecosystem.

• Core businesses—lending, payments, investments, and insurance—scaled rapidly, with operational turnarounds in payments and payment solutions.

• Strategic focus on democratizing access to financial services for 1.4 billion Indians, leveraging digital and physical channels.

• Full consolidation of Reliance Services and Holdings Limited as a 100% subsidiary from April 30, 2026.

• Maintained targeted investments to scale growth-stage and incubate nascent businesses.

Financial highlights

• Consolidated total income (excluding dividends) grew 141% year-over-year to INR 1,496 crore; including dividends, profit before tax rose 131% year-over-year to INR 970 crore.

• Pre-provision operating profit (PPOP) increased 38% year-over-year to INR 505 crore.

• Consolidated profit after tax surged 156% year-over-year to INR 830 crore.

• Shareholder equity stood at INR 1.37 lakh crore as of June 30, 2026.

• NBFC gross AUM grew 163% year-over-year to INR 30,667 crore; disbursements up 173% year-over-year to INR 11,252 crore.

Outlook and guidance

• Focused on risk-calibrated expansion, maintaining strict credit guardrails and leveraging AI-native processes for scalable, efficient growth.

• Preparing for the beta launch of the securities broking platform and further scaling insurance and asset management JVs.

• Continued expansion of product offerings and digital marketplace, with new features and partnerships planned.

• Management highlighted continued investments in new business verticals, including joint ventures with BlackRock and Allianz, to drive future growth.

• Focus on scaling underwriting pipeline and strengthening portfolio composition in reinsurance.