Jio Financial Services released its financial report for the January–March 2026 quarter on Friday, reporting a decline in net profit compared to the same period last year.
The company posted a net profit of ₹272 crore for the quarter, down from ₹316 crore in the January–March period of 2025. This marks a 14 per cent year-on-year decline.
Despite the drop in profit, the company witnessed robust growth in its overall revenue.
Jio Financial Services reported revenue of ₹1,019 crore in the first three months of 2026, more than doubling from ₹493 crore in the same period last year. This represents a 106 per cent increase.
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Net interest income more than doubles
The company also saw significant improvement in its net interest income, reflecting expansion in its core financial operations.
Net interest income stood at ₹202 crore for the quarter, compared to ₹81 crore a year ago, registering a sharp rise of over 100 per cent.
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Dividend plan announced for shareholders
Alongside its earnings report, Jio Financial Services has proposed a dividend payout for its shareholders.
The company has announced a dividend of ₹0.60 per share. The final decision is expected to be taken at the upcoming Board of Directors meeting.
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