Consolidated Financial Performance
Total Income: ₹1,496 crore, up 141% YoY and 47% QoQ
Pre-Provision Operating Profit (PPOP): ₹505 crore, up 38% YoY and 54% QoQ
Profit Before Tax (PBT): ₹970 crore, up 131% YoY and 186% QoQ
PBT (excluding dividend and exceptional item): ₹461 crore, up 18% YoY and 36% QoQ
Profit After Tax (PAT): ₹830 crore, up 156% YoY and 205% QoQ
Total Shareholders' Equity: ₹1.37 lakh crore as of June 30, 2026
Revenue Breakdown
Interest Income: ₹962 crore, up 165% YoY and 50% QoQ
Fees and Commission Income: ₹325 crore, up 506% YoY and 47% QoQ
Net Gain on Fair Value Changes: ₹210 crore, up 7% YoY and 36% QoQ
Dividend Income: ₹509 crore (including dividend from Reliance Industries Limited shares)
Expense Breakdown
Total Expenses: ₹991 crore (vs ₹254 crore in Q1 FY26, ₹693 crore in Q4 FY26)
Finance Charges: ₹418 crore
Staff Expenses: ₹152 crore (increased due to annual increments and performance bonus payouts)
Other Operating Expenses: ₹421 crore
Provisions: ₹25 crore (regulatory provisioning for loan book expansion)
Share of Associates and Joint Ventures Loss: ₹19 crore
Business Segment Performance
Lending (Jio Credit Limited)
Gross AUM: ₹30,667 crore, up 163% YoY
Quarterly Disbursements: Exceeded ₹11,000 crore, up 173% YoY
AUM Composition: Mortgages (45.4%), Corporate & SME lending (44.2%), Retail Loan Against Shares (10.4%)
Borrowings: ₹28,000 crore
Debt-to-Equity Ratio: 3.9x
Average Cost of Borrowing: 7.07%
Net Interest Income: ₹257 crore, up 118% YoY and 27% QoQ
PPOP: ₹154 crore, up 128% YoY and 28% QoQ
PAT: ₹96 crore, up 113% YoY and 38% QoQ
Payments Bank
Total Income: ₹83 crore, up 7.7x YoY
Customer Deposits: ₹617 crore, up 72% YoY
CASA Customers: 3.9 million, up 51% YoY
Average Balance per Customer: ₹1,540, up 16% YoY
Business Correspondent Touchpoints: 527,000 (from 50,000 in Q1 FY26)
Achieved operational turnaround in Q1 FY27
Payment Solutions (Jio Payment Solutions Limited)
Total Payment Value (TPV): ₹19,208 crore, up 2.5x YoY
Gross Fee and Commission Income: ₹176 crore, up 6.4x YoY
Net Fee & Commission Income: ₹24 crore, up 3.4x YoY
Net Processing Margin: 12 bps (from 9 bps in Q1 FY26)
Achieved operational turnaround
Investment (JioBlackRock AMC)
Closing AUM: ₹18,412 crore, up 21% QoQ
Quarterly Average AUM: ₹17,979 crore, up 8% QoQ
Retail Investors: 1.2 million
New to Mutual Fund Investors: 18.5%
AUM from Beyond Top 30 Cities: 36%
Liquid Funds AUM: Crossed ₹10,000 crore in April 2026
Prism SIF NFO: Closed July 13, 2026, raising over ₹150 crore
Protection Business
Allianz Jio Reinsurance (first full quarter): Underwritten premium of ₹266 crore
Jio Insurance Broking: Facilitated premium of ₹238 crore
Fee and Commission Income: ₹61 crore, up 131% YoY
POSP Agent Network: Expanded to 25 states
Digital Premium: 11x YoY growth
Capital Structure & Funding
Preferential Warrants: Received second tranche of ₹5,934 crore from promoters, bringing cumulative infusion to ₹9,890 crore
Debt Raising: Raised ₹1,500 crore through Non-Convertible Debentures in June 2026 against Board-approved limit of ₹15,000 crore
Corporate Structure Changes
Reliance Services and Holdings Limited (RSHL): Became 100% step-down subsidiary effective April 30, 2026, now consolidated line-by-line (previously accounted under Share of Associates and Joint Ventures)
Jio Allianz General Insurance Limited: Incorporated as 50:50 joint venture with Allianz Group
Technology & Digital Metrics
JioFinance App Users: Surpassed 25 million unique users
Daily Product Purchase Rate: ~34,000 products purchased daily in June 2026
JioPoints Program: 5.7 million users, 204 million points issued
AI Infrastructure: 130 intelligent AI agents, 16 autonomous AI agents on JioFinance app
Credit Assessment Time: 76% reduction through AI-driven Video Personal Discussions
Regulatory Approvals & Future Plans
IFSCA Approval: Received approval to establish retail Fund Management Entity in GIFT City
Securities Broking: Beta launch planned for Q2 FY27
General Insurance: Regulatory approval process progressing for Jio Allianz General Insurance
Life Insurance JV: Non-binding agreements active with Allianz
Strategic Focus Areas
Four core financial pillars: Borrow, Invest, Transact, Protect
Four corporate principles: Reputation above all, Regulatory adherence, Return of capital, Return on capital