Jio Financial Services Ltd has strengthened its lending business through a fresh capital infusion into its wholly owned subsidiary, Jio Credit Ltd. The investment comes alongside the company’s December quarter financial results, which showed growth in income and stable profitability.
The development reflects continued scaling of its financial services platform across lending, payments and asset management operations.
Jio Financial Services announced that it has invested ₹1,999.88 crore in Jio Credit Ltd through a subscription to newly issued equity shares. Under the transaction, the company subscribed to 3,35,71,923 equity shares with a face value of ₹10 each at a premium of ₹585.70 per share.
The investment was completed through a cash transaction during the day and is intended to strengthen the subsidiary’s capital base as it expands its lending activities.
Jio Credit Ltd, a non-banking financial company (NBFC), plans to utilise the funds to support operational requirements and future business expansion. The company noted that the transaction qualifies as a related-party deal but was executed on an arm’s length basis.
It further clarified that promoters and group entities do not hold any direct interest in the investment beyond the parent–subsidiary relationship, and no regulatory or government approvals were required for the capital infusion.
For the quarter ended 31 December, Jio Financial Services reported a consolidated net profit of ₹269 crore. Total income rose significantly year-on-year to ₹901 crore, compared with ₹449 crore in the same period last year, supported by growth across its core financial services segments.
Consolidated pre-provisioning operating profit increased by 7% year-on-year to ₹354 crore. Net income generated from business operations, excluding dividend income, grew by 4% to ₹386 crore, reflecting gradual expansion in operating activities.
The results indicate continued development across lending, payments and asset management verticals as the company builds scale within its financial ecosystem.
Shares of Jio Financial Services traded at ₹258.80 during the morning session on 27 February 2026, compared with the previous close of ₹256.15. The stock opened at ₹257.00 and moved within an intraday range of ₹255.25 to ₹258.85.
Read More:RBI Builds High-Security Data Centre in Odisha to Strengthen Financial Resilience.
The capital infusion into Jio Credit highlights Jio Financial Services’ focus on strengthening its lending platform while maintaining operational growth across business segments. Investors may continue to track capital allocation decisions and quarterly performance indicators to assess the company’s evolving financial services strategy.
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Published on: Feb 27, 2026, 9:29 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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