Key Financial Performance (Consolidated)

  • Q2 FY27 Total Income (excluding dividend): Rs 1,699 crore, up 132% YoY and 14% QoQ
  • Q2 FY27 Pre-Provisioning Operating Profit: Rs 574 crore, up 85% YoY and 14% QoQ
  • Q2 FY27 Profit Before Tax (excluding dividend impact): Rs 489 crore, up 51% YoY and ~6% QoQ
  • Q2 FY27 Profit After Tax: Rs 340 crore (vs Rs 695 crore in Q2 FY26 and Rs 830 crore in Q1 FY27)
  • H1 FY27 Total Income (excluding dividend): Rs 3,195 crore, up 136% YoY
  • H1 FY27 Pre-Provisioning Operating Profit: Rs 1,079 crore, up 60% YoY
  • H1 FY27 Consolidated PAT: Rs 1,171 crore

Accounting Change

Effective April 29, 2026, Reliance Services and Holdings Limited (RSHL) became a 100% step-down subsidiary through Reliance Industrial Investments and Holdings Limited (RIIHL), resulting in line-by-line consolidation with Jio Financial Services.

Business Unit Performance

Lending (Jio Credit Limited)

  • Gross AUM: Rs 37,320 crore as of September 30, 2026 (154% YoY growth, up from Rs 30,667 crore in Q1 FY27)
  • Q2 Disbursements: Rs 13,135 crore (98% YoY growth, up from Rs 11,252 crore in Q1 FY27)
  • AUM Mix: Mortgages 44.5% (avg ticket Rs 1.4 crore, tenor 15.9 years), Corporate & SME 44.2% (avg tenor 3.26 years), Loan Against Securities 11.3% (avg ticket Rs 1.3 crore, tenor 3 years)
  • Q2 PAT: Rs 120 crore (140% YoY growth, 24% QoQ growth)
  • Net Interest Income: Rs 302 crore (116% YoY growth, 17% QoQ growth)
  • Borrowings: Over Rs 42,000 crore (250% YoY growth)
  • Capital Adequacy Ratio: 18.50% as of September 30, 2026

Payments (Jio Payments Bank)

  • Customer Deposits: Rs 643 crore (53% YoY growth)
  • CASA Accounts: 40 lakh customers (38% YoY growth)
  • Q2 Total Income: Rs 94 crore (213% YoY growth)
  • Toll Operations: Operational across 20 national highway toll plazas and 2 Multi-Lane Free-Flow barrierless toll plazas

Payments (Jio Payment Solutions)

  • Total Payment Value (TPV): Rs 14,682 crore
  • Net Processing Margin: 14 bps (up from 9 bps in Q2 FY26 and 12 bps in Q1 FY27)
  • Net Fee & Commission Income: Rs 21 crore (74% YoY growth)

Asset Management (JioBlackRock AMC)

  • Closing AUM: Rs 22,746 crore (57% YoY growth, 24% QoQ growth)
  • Distribution Partnerships: Over 15,000 distributors for Mutual Funds and SIFs
  • Product Performance: Liquid Fund top performer in segment since inception (avg quarterly AUM over Rs 10,000 crore), Overnight and Arbitrage funds in top quartile
  • SIF AUM: ~Rs 480 crore within three months of launch

Insurance Broking (Jio Insurance Broking Limited)

  • Total Premium Facilitated: Rs 346 crore
  • Fee & Commission Income: Rs 54 crore (46% YoY growth)
  • Digital POSP Channel: 7x YoY expansion in premium facilitated

Reinsurance (Allianz Jio Reinsurance Limited)

  • Q2 Gross Written Premium: Rs 244 crore
  • H1 Gross Written Premium: Rs 510 crore

Strategic Developments

  • Bank of America Partnership: Agreement to acquire 49.9% stake in Jio Credit, subject to regulatory approvals, expected to bring ~Rs 18,000 crore growth capital
  • First tranche investment: ~Rs 9,500 crore from Bank of America to bolster Jio Credit's capital base
  • JioFinance App: 3.2 crore unique users across digital properties
  • New Features Launched:
  • JioFinance+: Value-back membership program sharing platform commissions with customers
  • JioFinance360: Comprehensive financial health assessment with personalized Financial Health Score across five pillars (Spending, Borrowing, Wealth, Protection, Tax)
  • Product Expansion: 71 credit card variants from 16 brands, 11 partner banks/NBFCs for personal loans, 7 deposit partners, 94 insurance plans across 23 insurers
  • GIFT City Approval: IFSCA approval for BlackRock Advantage World Equity Fund launch

Capital Structure & Balance Sheet

  • Consolidated Shareholders' Equity: Rs 1.3 lakh crore as of September 30, 2026
  • Consolidated Total Assets: Over Rs 1.81 lakh crore
  • Consolidated Investments: Approximately Rs 1.3 lakh crore
  • Standalone Net Worth: Rs 35,521 crore as of September 30, 2026 (vs Rs 29,305 crore as of March 31, 2026)
  • Standalone Total Assets: Rs 35,657 crore including investments over Rs 30,000 crore
  • Dividend Received: Rs 445 crore from RIIHL in Q2 FY27 (vs Rs 405 crore in Q2 FY26)

Technology & AI Initiatives

  • JioFinance app powered by 50 AI agents and 10 machine learning models
  • AI-driven customer conversion rate uplift of 59%
  • Data cohort-led campaigns driving 172% improvement in conversion performance
  • Fully automated debt collection and payment settlement processes

Forward-looking Statements

The presentation contains forward-looking statements regarding growth strategy, product development, and market position, subject to market circumstances.