Angel One - Share Market Trading and Stock Broking
Skip to main content

Jio Financial Services Share Price in Focus as Q2FY27 Profit Falls 51%

Written by: Team Angel OneUpdated on: 16 Oct 2026, 8:45 pm IST
Jio Financial Q2 net profit fell 51% to ₹340.44 crore from ₹695.04 crore YoY, while revenue rose 73% to ₹1,699.28 crore; higher expenses dragged profit.
Jio Financial Services Share Price
Share

Jio Financial Services earned more revenue in the September quarter but ended up with much lower profits than a year ago. Its consolidated net profit fell to ₹340.44 crore from ₹695.04 crore, even as revenue from operations climbed from ₹981.39 crore to ₹1,699.28 crore. 

The numbers show a mixed quarter for the company, with its lending business improving while the investing segment saw a sharp fall in profit. 

Higher Finance Costs Weigh on Profit 

One of the biggest changes was the rise in expenses. Total expenses increased to ₹1,166.07 crore from ₹436.50 crore in the September 2025 quarter. Finance costs alone rose to ₹577.73 crore, compared with ₹135.82 crore a year earlier. 

Profit before tax dropped to ₹489.46 crore from ₹783.07 crore. The company also reported a ₹43.88 crore loss from its associates and joint ventures, against a profit contribution of ₹217.17 crore in the same quarter last year. 

Lending Business Improves, Investing Profit Falls 

The lending business delivered better numbers. Revenue from the segment rose to ₹920.36 crore from ₹301.08 crore, while its profit after tax increased to ₹147.90 crore from ₹75.68 crore. 

The investing segment moved in the opposite direction. Its revenue fell to ₹521.42 crore from ₹727.86 crore, and profit after tax dropped to ₹238.70 crore from ₹651.26 crore. That decline was a major factor behind the lower overall profit.  

Read More: Jio Platforms Files 7,220 Patent Applications, Becomes Only Indian Firm in Global Top 20! 

Jio Financial Services Share Price Performance 

As of October 16, 2026, at 2:11 PM, Jio Financial Services share price was trading at ₹216.43 per share, reflecting a 1.20% decline from the previous trading session. 

Conclusion 

Jio Financial Services had a contrasting September quarter. Revenue rose and lending profits improved, but higher expenses and a steep fall in investing profit dragged down the overall result. The next quarters will show whether the growth in lending can offset the pressure on earnings from the investing business and rising costs. 

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. 

Published on: Oct 16, 2026, 3:15 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy ₹0 Account Opening Charges

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store