Jio Financial Services Q4 results: PAT drops 14% YoY to ₹272 crore; final dividend recommended

In the corresponding period of the previous fiscal year, its profit was ₹316.11 crore, it said in a regulatory filing.

"The Company’s performance for the year represents a pivotal inflection point for JFSL, marking a definitive transition from foundational groundwork to sustained operational velocity across a diverse spectrum of businesses," the firm said.

Its total income nearly doubled to ₹1,020 crore during the quarter under review, compared to ₹518 crore in the March quarter of FY25.

The total expenditure surged to ₹720 crore for Q4 FY26, as against ₹169 crore in the same quarter of FY25.

The company, in a statement, said, "Geopolitics-led volatility impacted treasury income on a higher capital base".

For the full 2025-26, Jio Financial Services reported a net profit of ₹1,561 crore against ₹1,613 crore in FY25.

On the performance of Jio Payments Bank, JFSL said its total income grew 11 times YoY to ₹87 crore in Q4 FY26, supported by a 61% YoY increase in Current Account and Savings Account (CASA) customer base to 3.7 million.

Average deposit per customer increased 20% YoY to ₹1,439 in Q4 FY26. The bank's toll processing operations are now live across 18 toll plazas in eight states.

Final dividend recommended

The board of Jio Financial Services also recommended a dividend of ₹0.60 per equity share with a face value of ₹10 each for the financial year ended March 31, 2026.

"The date of the Annual General Meeting of the Company for the financial year ended March 31, 2026, and the date from which the dividend, if approved by the shareholders, shall be paid, will be intimated in due course," the company said in a regulatory filing.

Re-appoitment

It also approved the appointment of Annapoorna Venkataramanan as a Group Chief Financial Officer, effective May 11, 2026.

What the management said

Commenting on the earnings, Hitesh Sethia, Managing Director and CEO, Jio Financial Services Limited, said: “FY26 has been a landmark year of growth, guided by our objective of simplifying the complex financial lives of millions of Indians through intelligent financial services, leveraging AI and ML.”

Sethia added that the company’s robust operational velocity bears “testament to the resonance our offerings are finding across the nation, with our reach now spanning over 19,000+ pincodes.”

“As we enter FY27, we look forward to building further on this formidable foundation. We remain committed to growing sustainably and responsibly, ensuring we continue to deliver long-term value to our shareholders, while serving as a trusted partner in India’s economic journey," he stated.

Shares of Jio Financial Services closed 1.07% higher at ₹243.86 apiece on the National Stock Exchange (NSE) on Friday. However, the results were declared after the markets closed.

Jio Financial Services has a total market capitalisation of ₹1.55 lakh crore as of April 17, 2026, according to data on the NSE.