Jio Financial Services shares are trading 3.85% higher at Rs 244.73 after the company reported a 156% year-on-year jump in consolidated net profit to Rs 830 crore for Q1FY27, compared with Rs 325 crore in the year-ago period.

Consolidated revenue from operations surged 227% to Rs 2,004 crore from Rs 612 crore a year earlier, while net profit rose 205% sequentially from Rs 272 crore in Q4FY26.

Total income increased 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 rose fivefold to Rs 325 crore, while the company also reported dividend income of Rs 509 crore.


Despite a 291% rise in total expenses to Rs 991 crore, pre-provision operating profit (PPOP) increased 38% year-on-year to Rs 505 crore.

The company's NBFC business maintained strong organic growth, with quarterly disbursements exceeding Rs 11,000 crore. Insurance premium facilitated increased to Rs 238 crore from Rs 154 crore, while the asset management business reported closing AUM of Rs 18,412 crore in Q1. Reinsurance premium underwritten stood at Rs 266 crore in the first quarter of operations.