Total Income: ₹1,699 crore, representing 14% quarter-on-quarter (QoQ) growth and 132% year-on-year (YoY) growth
Pre-provisioning operating profit (PPOP): ₹574 crore, up 14% QoQ and 85% YoY
Profit after tax (PAT): ₹340 crore, down 59% QoQ and 51% YoY
Provisions: ₹41 crore, increased 65% QoQ and 208% YoY
Dividend income: Zero in Q2 FY27 compared to ₹509 crore in Q2 FY26
Share of Associates & JV: Negative ₹44 crore compared to negative ₹19 crore in Q2 FY26
H1 FY27 Performance (Consolidated)
Total Income: ₹3,195 crore
Profit after tax: ₹1,171 crore
Exceptional items: None in H1 FY27 compared to ₹29 crore in H1 FY26
Balance Sheet (Consolidated as of September 30, 2026)
Total Assets: ₹181,666 crore
Cash & Bank Balances: ₹12,459 crore
Investments: ₹130,348 crore
Loans: ₹37,493 crore
Total Shareholders' Equity: ₹129,596 crore
Equity Share Capital: ₹6,603 crore
Other Equity: ₹122,992 crore
Other Liabilities: ₹52,070 crore
Financial Performance - Standalone
Q2 FY27 Performance (Standalone)
Total Income: ₹233 crore, up 6% QoQ and 73% YoY
Interest income: ₹154 crore, up 46% QoQ and 1,986% YoY
Profit after tax: ₹575 crore, up 447% QoQ and 26% YoY
Dividend income: ₹445 crore, up 10% YoY
H1 FY27 Performance (Standalone)
Total Income: ₹452 crore
Profit after tax: ₹681 crore
Balance Sheet (Standalone)
Total Assets: ₹29,436 crore
Cash & Bank Balances: ₹1,028 crore
Investments: ₹28,094 crore
Loans: ₹224 crore
Net Worth: ₹29,305 crore
Subsidiary Performance - Jio Credit Limited
Q2 FY27 Performance
Assets Under Management (AUM): ₹12,006 crore, representing 250% YoY growth
Interest income: ₹900 crore, up 32% QoQ and 202% YoY
Net Interest Income: ₹302 crore, up 17% QoQ and 116% YoY
Profit after tax: ₹120 crore, up 24% QoQ and 140% YoY
Average cost of borrowing: 7.08% in Q2 FY27 vs. 7.07% in Q1 FY27
H1 FY27 Performance
Interest income: ₹1,583 crore
Profit after tax: ₹216 crore
Balance Sheet (as of September 30, 2026)
Total Assets: ₹50,337 crore
Loans: ₹37,493 crore
Investments: ₹11,893 crore
Total Shareholders' Equity: ₹7,379 crore
Borrowings & Debt Securities: ₹42,007 crore
Strategic Business Updates
JioFinance Platform
Unveiled JioFinance+ (value-back subscription program) for closed user group in October 2026
JioFinance360 (holistic financial assessment tool) to be launched shortly
Launched JioSilver product offering
Monthly Active Users (MAU) reached 3.5 crore with 110+ million transactions in September 2026
5.8 products per customer with 57% cross-sell ratio
Joint Ventures
Jio-BlackRock Broking: Launched self-directed investing platform with zero-brokerage plan across stocks, ETFs, and IPOs in October 2026
Jio-BlackRock AMC: Broadened offerings with Nifty 50 ETF, Balanced Advantage Fund, and Prism Hybrid Long-Short SIF
Closing AUM reached ₹22,746 crore, up 57% YoY
40% retail AUM from B30 cities, 18.6% investors new-to-mutual funds
GIFT City entity to launch JioBlackRock Fund (IFSC) in Q3 FY27
Jio-Bank of America: Entered joint venture agreement for Jio Credit in August 2026, with BofA to acquire up to 49.9% stake (subject to regulatory approvals)
Allianz Jio Reinsurance: Generated ₹510 crore Gross Written Premium during first six months of operations
Non-binding agreement in place to establish Life Insurance JV with Allianz
Business Segment Performance
Jio Payments Bank: Total accounts reached 2.6 crore with ₹4,200 crore deposits; Net Interest Margin at 6.8%
Jio Payment Solutions: Net Processing Margin improved to 13 bps from 9 bps YoY; launched contactless Tap-and-Pay, cross-border collections in 100+ currencies
Jio Insurance Broking: Retail mix improved to 28% of total premium facilitated from 19% YoY
Operational Metrics
Distribution reach across 19,000+ PIN codes
Advanced analytics platform showing significant improvements: JPBL customer engagement email automation increased from 57% to 87%, fraud detection improved from 53% to 78%
JPSL reduced merchant onboarding TAT from 24 hours to under 2 hours with real-time government validations
Corporate Structure
Full consolidation of Reliance Services & Holdings Limited (RSHL) as 100% step-down subsidiary effective April 29, 2026
Total consolidated shareholders' equity of ₹1.3 lakh crore as of September 30, 2026
Maintained targeted investments to scale growth-stage and incubate nascent businesses
