Jio Financial Services Limited FY26 Financial Results and AGM Notice Summary

Trading Symbol: JIOFIN

Document Dates: April 17, 2026 (Results) & August 3, 2026 (AGM Notice)

Financial Performance Highlights

Standalone Results (FY 2025-26):

  • Total Income: ₹968.60 crore (previous year: ₹839.28 crore)
  • Profit After Tax: ₹681.03 crore (24% increase from ₹548.91 crore previous year)
  • Basic and diluted EPS: ₹1.07 (previous year: ₹0.86)
  • Dividend income: ₹405.22 crore (significant increase from ₹235.03 crore)
  • Total assets: ₹29,436.38 crore (previous year: ₹25,095.53 crore)

Consolidated Results (FY 2025-26):

  • Total Income: ₹3,542.61 crore (previous year: ₹2,078.92 crore)
  • Profit After Tax: ₹1,560.90 crore (attributable to equity shareholders)
  • Total Assets: ₹1,63,497.08 crore (₹1,33,509.94 crore previous year)
  • Total Borrowings: ₹21,768.36 crore (significant increase from ₹3,970.00 crore)
  • Investments: ₹1,33,088.67 crore (₹1,18,910.32 crore previous year)
  • Loans: ₹25,710.80 crore (₹10,053.12 crore previous year)

Third Annual General Meeting Details

  • Meeting Date: Wednesday, August 26, 2026 at 2:00 PM IST
  • Mode: Video Conferencing/Other Audio Visual Means
  • Key Agenda Items:
  • Adoption of audited financial statements for FY 2025-26
  • Declaration of dividend of ₹0.60 per equity share (Record Date: August 10, 2026)
  • Reappointment of Shri Hitesh Kumar Sethia as Managing Director and CEO for 5 years
  • Appointment of PKF Sridhar & Santhanam LLP as Joint Statutory Auditors
  • Approval of material related party transactions with Jio BlackRock Mutual Fund

Significant Corporate Developments

Jio Payments Bank Acquisition:

  • Completed acquisition of remaining 14.96% stake from State Bank of India on June 18, 2025 for ₹104.54 crore
  • Resulted in re-measurement gain of ₹439.16 crore and recognition of banking license as intangible asset (₹132.63 crore)
  • JPBL became wholly-owned subsidiary with banking license

Capital Structure Changes:

  • Received ₹3,956.25 crore from preferential warrant issue to promoter entities
  • Transitioned to Core Investment Company (CIC) classification effective July 9, 2024
  • Equity share capital unchanged at ₹6,353.14 crore (635,31,41,623 equity shares of ₹10 each)

Operational Highlights:

  • Jio Credit Limited AUM: ₹25,711 crore (156% year-on-year growth)
  • Disbursements: Nearly ₹30,000 crore (116% year-on-year growth)
  • Jio Payments Bank: 3.7 million customers, deposits ₹544 crore (84% growth)
  • Jio Payment Solutions: Processed volume ₹52,226 crore (144% growth)
  • Jio Insurance Broking: Premiums facilitated ₹982 crore
  • Jio BlackRock Asset Management: AUM ₹17,000 crore with 1.2 million retail investors

Regulatory Compliance and Governance

  • Auditors (Lodha & Co LLP and Deloitte Haskins & Sells) issued unmodified opinion confirming adequate internal financial controls
  • Company complied with RBI regulations for NBFCs and SEBI Listing Requirements
  • No material weaknesses in internal controls identified
  • No fraud reported during the year
  • CSR expenditure: ₹4.61 crore (standalone), ₹17.51 crore (consolidated through Reliance Foundation)

Related Party Transactions

  • Approval sought for transactions with Jio BlackRock Mutual Fund with maximum outstanding investment of ₹5,000 crore over 5 years
  • Transactions with subsidiaries including Reliance Industrial Investments and Holdings Limited (up to ₹1,100 crore)
  • Key managerial personnel compensation: ₹14.34 crore

Subsidiary Structure

  • Subsidiaries: 8 entities including Reliance Industrial Investments, Jio Payment Solutions, Jio Credit, Jio Insurance Broking, Jio Payments Bank
  • Associates/Joint Ventures: 9 entities including Petroleum Trust, Reliance Services, Jio BlackRock entities, Allianz Jio Reinsurance

Voting and Dividend Information

  • Remote e-voting period: August 21-25, 2026
  • Dividend payment through electronic mode within 7 days of AGM approval
  • TDS applicable as per Income-tax Act provisions

All documents available on company website (www.jfs.in) and stock exchange platforms. Filed pursuant to SEBI Listing Regulations and compliance with RBI directives.