Jio Financial Services Q1 Results LIVE: Stock trades marginally lower ahead of earnings

In Q1 FY26, the JioFinance app, serving as a unified digital platform for JFSL’s retail products and services, averaged 8.1 million monthly active users (MAU) across all its digital offerings.

Jio Financial Services Q1 Results LIVE: In Q1FY26, Jio BlackRock Mutual Fund introduced Aladdin, BlackRock’s investment analytics and risk management platform. “Investing should be simple. And it should work for you. That’s the belief that brought Jio Financial Services and BlackRock together. We’ve blended Jio’s digital first approach with BlackRock’s global investment expertise“ to build solutions around what Indian investors truly need,” the mutual fund company said in a post on X.

Jio BlackRock Asset Management Private Limited received approval to start operations in May 2025 and launched its initial New Fund Offer (NFO) for three cash and debt funds on June 30, 2025. JFSL stated in its financial results that the three funds collectively attracted investments totalling more than ₹17,800 crore during the three-day NFO period.

Jio Credit Limited, a subsidiary of Jio Financial Services Limited, expanded its presence to 11 cities in the April-June quarter.

Jio Financial Services reported expenses amounting to ₹261 crore in the April-June quarter, a massive increase from ₹79.35 crore expenses incurred in the same quarter the previous year.

The company has shared the key highlights from Q1FY26

-Jio Blackrock entities have obtained regulatory approvals for asset management, wealth management, and broking services.

-Completed the acquisition of SBI’s 14.96% stake in Jio Payments Bank Limited (JPBL) for nearly ₹105 crore; JPBL is now a wholly-owned subsidiary of JFSL.

-The JPBL business correspondent network grows from 2,299 in Q1 FY25 and 19,998 in Q4 FY25 to over 50,000 across India.

Jio Financial Services Q1 Results LIVE: Jio Financial Services reported a 2% decline in its net profit for the March 2025 quarter, dropping to ₹316 crore from ₹310 crore in the previous quarter of the last fiscal year. Overall, it saw a significant increase in revenue from operations, amounting to ₹493.24 crore. The company also declared a dividend of ₹0.50 per share.

Jio Financial Services Q1 Results LIVE: Total income rose 48.2% to ₹619.46 crore from ₹417.82 crore in the corresponding quarter a year ago.

In Q1 FY26, JFSL purchased State Bank of India’s 14.96% stake in Jio Payments Bank Limited (JPBL) for approximately ₹105 crore. This acquisition made JPBL a fully owned subsidiary of JFSL. As of June 30, 2025, the payments bank served 2.58 million customers and held deposits worth ₹358 crore.

The quarterly results were announced after market hours on Thursday. The company’s shares closed 1.5% lower at ₹318.1 following Thursday’s trading session. Jio Financial Services’ share price opened at ₹320 on the BSE today. 

Jio Financial Services Q1 Results LIVE: Jio Financial’s Q1 revenue jumped a smart 24% on a QoQ basis while its profit was higher by 3% than what the company had posted in the March 2025 quarter.

Jio Financial Services Q1 Results LIVE: The net interest income (NII) surged 52% YoY to ₹264.06 crore in the quarter ended June 2025, from ₹161.74 crore posted in the same period a year ago.

Jio Financial Services Q1 Results LIVE: Revenue from operations saw a sharp 46.58% jump to ₹612.46 crore. The figure stood at ₹417.82 crore in the corresponding quarter a year ago. 

Jio Financial Services Q1 Results LIVE: Jio Financial posted a 3.8% YoY rise in Q1 profit after tax to ₹324.66 crore, as against ₹312.63 crore in the same period a year ago.

Jio Financial Services Q1 Results LIVE: We expect moderate revenue and profit growth in Q1 FY26, with sequential gains likely, driven by expansion in lending, insurance, and payment services. However, high base effects may temper YoY growth.

In Q4 FY25, Jio Financial reported a net profit of ₹316 crore (up 1.8% YoY) and revenue of ₹493 crore (up 18% YoY). AUM surged to ₹10,053 crore from ₹173 crore a year ago, backed by growth in Tier-1 cities and partnerships in LAS and LAMF.

Investors are closely tracking developments in the Jio BlackRock JV. SEBI’s approval for four index mutual funds and new broking and clearing licenses could support long-term revenue growth, though near-term impact may be limited.

Focus remains on lending scale-up, credit loss provisions, and strategic clarity on Jio BlackRock’s retail roadmap, wealth management plans, and new product launches. A strong net worth of ₹1.23 lakh crore offers headroom for growth amid regulatory and competitive headwinds.

– Santosh Meena, Head of Research, Swastika Investmart Ltd.

Jio Financial Services Q1 Results LIVE: The market is aware of current uncertainties around financial performance but remains optimistic about Jio Financial’s long-term growth prospects. However, given the strong rally in the previous quarter, there is a risk of profit booking in the near term. Any correction towards the ₹290 level could offer a good entry point for long-term investors.

– Views by Santosh Meena, Head of Research, Swastika Investmart Ltd.

Jio Financial Services Q1 Results LIVE: Shares of Jio Financial Services end marginally lower ahead of the Q1 results announcement later in the evening. On NSE, Jio Financial stock closed the day ₹319, down 0.17% and on BSE, the Reliance group stock ended at ₹318.85, down 0.23%.

Jio Financial Services Q1 Results LIVE: Jio Financial Services on June 25 said it has subscribed to and been allotted 1,90,00,000 equity shares of ₹10 each in Jio Payments Bank Limited, its wholly owned subsidiary. The total investment amounts to ₹190 crore in cash, made at face value (par). This is a related party transaction as it is between the Company and its wholly owned subsidiary. However, the transaction is conducted on an arm’s length basis. None of the Company’s promoters, promoter group, or other group companies have any interest in this transaction, it said.

Jio BlackRock Mutual Fund last month introduced Aladdin, BlackRock’s unique investment analytics and risk management platform. “Investing should be simple. And it should work for you. That’s the belief that brought Jio Financial Services and BlackRock together. We’ve blended Jio’s digital first approach with BlackRock’s global investment expertise“ to build solutions around what Indian investors truly need,” the mutual fund company said in a post on X.

Jio Financial Services Q1 Results LIVE: Jio Financial Services reported a 2% decline in the March 2025 quarter net profit to ₹316 crore from ₹310 crore in the preceding quarter last fiscal. Overall, it witnessed a sharp jump in its revenue from operations to ₹493.24 crore. The company also announced a dividend of ₹0.50 per share.

Jio Financial Services Q1 Results LIVE: JioBlackRock Asset Management recently announced the successful closure of its first New Fund Offer (NFO), raising a total of ₹17,800 crore. The funds were mobilised across three debt-oriented mutual fund schemes:

• JioBlackRock Overnight Fund
• JioBlackRock Liquid Fund
• JioBlackRock Money Market Fund

Launched on June 30, 2025, the three-day NFO attracted participation from over 90 institutional investors, underscoring strong market confidence in the venture’s unique value proposition. In an official statement, the fund house attributed the robust response to its data-driven investment approach and digital-first strategy, aimed at reshaping the asset management landscape in India.

Jio Financial Services Q1 Results LIVE: “We expect moderate revenue and profit growth, building on Q4’s ₹316 crore net profit and ₹493 crore revenue. Key metrics to watch include segmental income from interest, fees, broking, advisory, and AUM trends. Positive surprises here, backed by the company’s low-debt profile, could fuel notable stock momentum. A strong Q1 print could validate Jio Financial’s evolving financial ecosystem and position it for sustained rerating in the NBFC and fintech space,” said Nitin Jain, Sr. Research Analyst at Bonanza.

JioBlackRock Asset Management, a 50:50 joint venture between Jio Financial Services and BlackRock, announced receiving Sebi nod for launching five passive funds.

These funds are JioBackRock Nifty 50 index, JioBlackRock Nifty 8-13 yr G-Sec Index Fund, JioBlackRock Nifty Smallcap 250 Index Fund, JioBlackRock Nifty Next 50 Index Fund, and JioBlackRock Nifty Midcap 150 Index Fund, an update on the Sebi website showed.

Of these five schemes, four are equity-oriented index funds while one is a debt-oriented index fund.

Jio Financial Services Q1 Results LIVE: Jio Financial share price traded in a narrow range ahead of the Q1 results announcement today. The stock hit a high of ₹320.75 and a low of ₹317.55 apiece. As of 11.55 am, Jio Financial share price was trading 0.06% higher at ₹319.80.

The stock is part of the Nifty 50 index and owned by the Mukesh Ambani-led Reliance group.

Anshul Jain, Head of Research at Lakshmishree Investments, said that Jio Financial is currently trading around a key resistance zone between 324 and 347 and, despite multiple attempts, is holding ground without any sharp rejection. This resilience suggests strength, and the stock is likely to remain range-bound within this zone for the next 8 to 10 weeks, Jain added.

“Interestingly, volumes are gradually diminishing, which is typically a bullish signal during consolidation phases — hinting at silent accumulation. This setup indicates that the stock is preparing for a potential breakout in the medium term, provided it sustains above key support levels,” Jain said.

Jio Financial Services Q1 Results LIVE: Jio Financial Services will announce its Q1 results 2025 today — July 17. 

“Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, July 17, 2025, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter ended June 30, 2025,” Jio Financial said in a statement to the exchanges last week.