Jio Financial Shares Rally Over 4% After Q1 Profit Jumps 156% To Rs 830 Crore.

Jio Financial Services shares rallied on Friday, a day after the company reported its Q1 FY27 results. The stock indicated gains of up to 10% in the pre-market session on NSE. Once regular trading opened at 9:15 am, it touched an early high of Rs 249.95, up 6.06% from the previous close of Rs 235.65. As of 11:30 am, the stock was trading at Rs 244.52, up Rs 8.87 or 3.76% for the day.

The rally came after Jio Financial posted a 156% year-on-year jump in consolidated net profit to Rs 830 crore for the June quarter. Revenue from operations surged 227% to Rs 2,004 crore for the quarter.

Hitesh Sethia, Managing Director and CEO of Jio Financial Services, said the quarter's growth was driven by sustained momentum across the company's business verticals and the integration of AI and data analytics into its operations. He added that the company is stepping up investment in newer businesses, including its joint ventures with BlackRock and Allianz, which he expects will pay off over time.

Jio Financial Share Price: A Look At The Trend

Despite Friday's rally, Jio Financial shares remain down 22% over the past year and 17% on a year-to-date basis. The stock has gained 1.2% over the past month and was up 1.6% over the last five trading sessions heading into the results. Its 52-week high of Rs 338.60 was hit on August 5, 2025, while its 52-week low of Rs 223.30 came on March 30, 2026. The company's market capitalisation stood at over Rs 1.61 lakh crore as of Friday's session.

Q1 Result Snapsot

The company reported a consolidated net profit of Rs 830 crore for Q1 FY27, up 156% year-on-year from Rs 325 crore and up 205% sequentially from Rs 272 crore in Q4FY26. Revenue from operations surged 227% to Rs 2,004 crore, from Rs 612 crore a year earlier. Total income rose 141% year-on-year to Rs 1,496 crore, driven by a 165% jump in interest income to Rs 962 crore. Fees and commission income grew fivefold to Rs 325 crore, and the company reported dividend income of Rs 509 crore for the quarter. Total expenses rose 291% to Rs 991 crore, even as pre-provision operating profit climbed 38% year-on-year to Rs 505 crore. On a segmental basis, revenue from the investing business rose 190% year-on-year to Rs 981.73 crore, while the lending business grew 177% to Rs 698.08 crore. The company's NBFC arm reported quarterly disbursements of over Rs 11,000 crore, insurance premium facilitated rose to Rs 238 crore from Rs 154 crore, and the asset management business closed the quarter with an AUM of Rs 18,412 crore, up 21% sequentially, with liquid fund AUM crossing Rs 10,000 crore. The reinsurance business, in its first full quarter of operations, underwrote premiums worth Rs 266 crore, while the Jio Finance App recorded an average of around 34,000 product purchases a day in June 2026.

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