Jio Financial Services has reported its third-quarter earnings for the financial year ending March 2026, with the company witnessing a doubling of net interest income and total income, while the asset under management metric saw a significant increase on account of the Jio-Blackrock fund launches.
The company posted a consolidated net profit of Rs 269 crore for the quarter ended December, compared to a profit of Rs 295 crore in the year-ago period. Consolidated total income for the period stood at Rs 901 crore, doubling from Rs 449 crore in Q3FY25.
In its lending business, Jio Credit Limited's Assets Under Management (AUM) surged 354% year-on-year to Rs 19,049 crore. The lending arm reported a net interest income of Rs 165 crore and a debt-to-equity ratio of 3.2x. The sharp rise in AUM was largely driven by the launch of several funds through JioBlackrock Asset Management, which saw flows of over Rs 14,000 crore across its 10 funds.
Jio Financial Services Q3 Highlights (Consolidated, YoY)
Net profit down 8.8% at Rs 269 crore versus Rs 295 crore.
Total income up 100.7% at Rs 901 crore versus Rs 449 crore.
Operating profit (PPOP) up 7.3% at Rs 354 crore versus Rs 330 crore.
NBFC AUM up 353.7% at Rs 19,049 crore versus Rs 4,199 crore.
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