Jio Financial Services' Q3 FY 2025-26 Quarterly Results
- 16 Jan 2026
Result Summary
- Jio Financial Services Ltd reported a 10.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 100.7%.
- Its expenses for the quarter were up by 29.3% QoQ and 362.3% YoY.
- The net profit decreased 61.3% QoQ and decreased 8.8% YoY.
- The earnings per share (EPS) of Jio Financial Services Ltd stood at 0.42 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 901.05 | 1002.40 | 448.89 | -10.1% | 100.7% |
Total Expenses | 547.36 | 423.26 | 118.41 | 29.3% | 362.3% |
Profit Before Tax | 335.13 | 565.90 | 318.14 | -40.8% | 5.3% |
Tax | 102.11 | 88.03 | 82.44 | 16.0% | 23.9% |
Profit After Tax | 268.98 | 695.04 | 294.78 | -61.3% | -8.8% |
Earnings Per Share | 0.42 | 1.10 | 0.46 | -61.8% | -8.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jio Financial Services Ltd operates in the financial services sector, primarily offering a range of financial products and services. This company is part of a larger conglomerate that is widely recognized for its telecommunications and digital services. As of the latest updates, Jio Financial Services has been focusing on leveraging digital technology to enhance its offerings. However, specific recent developments or strategic shifts in its operations are not detailed in the provided data. Overall, the company continues to pursue growth opportunities within the financial sector.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Jio Financial Services Ltd reported a total income of ₹901.05 crores. This marks a decline of 10.1% compared to the previous quarter (Q2FY26), where the total income was ₹1002.40 crores. However, on a year-over-year basis, there was a significant increase of 100.7% from ₹448.89 crores in Q3FY25. This substantial year-over-year growth in total income indicates an expansion of the company's revenue base over the past year.
Profitability
For Q3FY26, Jio Financial Services Ltd's profit before tax (PBT) stood at ₹335.13 crores, which represents a decline of 40.8% compared to ₹565.90 crores in Q2FY26. On a year-over-year basis, the PBT increased by 5.3% from ₹318.14 crores in Q3FY25. The profit after tax (PAT) for Q3FY26 was ₹268.98 crores, down by 61.3% from ₹695.04 crores in the previous quarter, and a decrease of 8.8% from ₹294.78 crores in the same quarter of the previous year. Earnings per share (EPS) also decreased to ₹0.42 in Q3FY26 from ₹1.10 in Q2FY26, and from ₹0.46 in Q3FY25, reflecting a similar trend as PAT.
Operating Metrics
The total expenses for Jio Financial Services Ltd in Q3FY26 were ₹547.36 crores, which signifies an increase of 29.3% from ₹423.26 crores in Q2FY26. There was a notable year-over-year rise of 362.3% from ₹118.41 crores in Q3FY25. The tax expense for the quarter was ₹102.11 crores, marking an increase of 16.0% from ₹88.03 crores in Q2FY26, and an increase of 23.9% from ₹82.44 crores in Q3FY25. These figures indicate a substantial rise in both operating expenses and tax liabilities over the periods compared.