Jio Financial Shares Gain for the 3rd Straight Day, On Oct 23, 2025: What’s Fuelling the Rally?

JFSL shares have risen 22% over the past six months, significantly outperforming the NSE Nifty, which has gained just 6.33% during the same period. The stock’s strong momentum comes amid a solid Q2 FY26 performance, highlighting growth in both lending and payments businesses.

Jio Financial Q2 FY26 Financial Performance

In the September 2025 quarter, JFSL reported a 44% YoY increase in consolidated total income, reaching ₹1,002 crore, driven by contributions from its diversified operations. The net income from business operations rose sharply to ₹317 crore, while pre-provisioning operating profit (PPOP) increased 5% YoY to ₹579 crore.

On the lending side, Jio Credit Limited’s AUM expanded to ₹14,712 crore, supported by strong disbursements of ₹6,624 crore. The growth was fueled by a diverse suite of products, including Loan Against Mutual Funds, Shares, and Home Loans.

In payments, Jio Payments Solutions achieved a 167% YoY growth in TPV to ₹13,566 crore, while Jio Payments Bank saw a 15-fold QoQ increase in transaction throughput, expanding its customer base to 2.58 million CASA accounts.

Jio Financial Share Price Performance

As of October 23, 2025, 11:54, Jio Financial shares were trading at ₹311.50, slightly down ₹0.30 (-0.10%) from the previous close of ₹311.80. The stock opened at ₹312.00, touched a high of ₹313.85 and a low of ₹310.80 during the session, with a VWAP of ₹312.47. The stock continues to reflect investor optimism following its strong quarterly performance and growing business footprint.

Read More: Waaree Energies Share Price Gains for the 2nd Straight Day: What’s Driving the Rally?

Conclusion

The ongoing rally in Jio Financial shares is driven by robust financials, diversified business growth, and strong performance in both lending and payments segments. With continued expansion and solid operational metrics, JFSL remains a key performer in India’s financial services sector.

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