Jio Financial Services Doubles Income, Core Business Drives Strong Q3 Performance

• Jio Financial Services reported a consolidated profit of Rs 269 crore and total income of Rs 901 crore in Q3 FY26, doubling year-on-year.
• The share of net income from core operating business (lending, payments, asset management) increased significantly to 55% from 20% last year.
• Lending arm's AUM grew 4.5 times to Rs 19,049 crore, with gross disbursements nearly doubling to Rs 8,615 crore.
• Jio Payment Solutions saw transaction processing volume jump 2.6 times to Rs 16,315 crore, and gross fees increased 4.6 times.
• Jio Payments Bank's income rose tenfold to Rs 61 crore, with deposits up 94% and customer base reaching 3.2 million.

Why It Matters: Jio Financial Services demonstrated robust growth in Q3, with income doubling and core businesses becoming primary profit drivers.