Jio Financial Services Share Price in Focus; Q2 FY26 Results: Growth Across NBFC, Payments, and Asset Management

Jio Financial Services Limited (JFSL) reported unaudited financial results for the second quarter of FY26, ending September 30, 2025, reflecting robust growth across its NBFC, payments, insurance, and asset management businesses.

The company reported net income from business at 52% of consolidated net total income, up from 14% in Q2 FY25, highlighting strong operational momentum.

The NBFC arm, Jio Credit Limited (JCL), reported an impressive Assets Under Management (AUM) of ₹14,712 crore, up from ₹1,206 crore in Q2 FY25.

Meanwhile, the Asset Management Company (AMC) AUM stood at ₹15,980 crore, driven by strong participation in its maiden New Fund Offer (NFO) for the actively managed flexi cap fund, which attracted around ₹1,500 crore in investments.

The company recorded a pre-provisioning operating profit of ₹579 crore, slightly higher than ₹552 crore in the same quarter last year, and a profit after tax (PAT) of ₹695 crore, marginally up from ₹689 crore in Q2 FY25.

Digital and Distribution Expansion

JFSL continues to strengthen its digital-first approach, expanding its omni-channel distribution network. In just 16 months since the launch of the JioFinance app, the company has acquired approximately 18 million unique users across all digital platforms.

JCL reported a 12x YoY growth in AUM, with traction across both retail and corporate secured lending products. The NBFC also expanded its physical presence to 14 cities with 15 offices, improving reach and customer engagement.

JPBL, the payments bank, launched the Savings Pro product, which allows customers to auto-invest surplus liquidity into overnight mutual funds. The bank also entered toll processing as a FASTag-acquirer, managing 12 toll plazas, with 11 already operational, including two barrierless plazas under the government’s MLFF project. The Business Correspondent network grew from 2,307 to around 200,000, with a customer base of 2.95 million and a deposit base of ₹421 crore, both roughly double compared to Q2 FY25.

Asset Management and Insurance Businesses

Jio Payment Solutions Limited (JPSL) recorded a Transaction Processing Volume of ₹13,566 crore, up 167% YoY, while launching tap & pay contactless card payments on the JioFinance app in partnership with Mastercard.

Jio Insurance Broking Limited facilitated ₹347 crore in premiums and issued 2.9 lakh policies, expanding its Digital Point of Sales Person channel to over 100 cities across six states.

The Jio BlackRock Asset Management JV launched six funds, including its first active equity fund using BlackRock’s AI-powered approach. The Flexi Cap Fund garnered ₹1,500 crore in NFO subscriptions, serving over 150 institutional clients and 635,000 retail investors.

Jio Financial Services Share Price Performance

On October 17, 2025, Jio Financial Services share price (NSE: JIOFIN) opened at ₹313.55, up from its previous close of ₹312.10. At 10:02 AM, the share price of Jio Financial Services was trading at ₹309.00, down by 0.99% on the NSE.

Also Read: What Does Reliance's Jio Financial Services Do?

Conclusion

JFSL’s Q2 FY26 results demonstrate strong growth across NBFC, payments, insurance, and asset management verticals. With expanding digital adoption, innovative product launches, and robust AUM growth, Jio Financial Services is well-positioned to sustain its momentum and deliver consistent value to investors in the coming quarters.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.