return to news
  1. Q1 Results Highlights: Jio Financial Services profit soars over two folds YoY to ₹830 crore, revenue jumps 3x

Q1 Results Highlights: Jio Financial Services profit soars over two folds YoY to ₹830 crore, revenue jumps 3x

SUMMARY

Q1 Results Highlights: Jio Financial Services reported strong growth in its NBFC segment, with Assets Under Management (AUM) reaching ₹30,667 crore, reflecting a 2.6x year-on-year increase.

card-img

Around 40 companies will declare their Q1 FY27 earnings on Thursday, July 16, 2026. | Image: Shutterstock

  1. Q1 Results Live Updates: What Jio Financial Services' CEO said

    Q1 Results Live Updates: Commenting on the development, Hitesh Sethia, Managing Director and CEO of Jio Financial Services said: "The sustained business momentum across our verticals validates the granular architecture of our full-stack ecosystem and the strength of our execution. By strategically integrating AI and data analytics, we have unlocked significant efficiency gains across the value chain.”

    He added that company has continued to drive robust growth in its tailored lending solutions, expand access to innovative investment products through its asset management arm, and power the operational turnaround of its payments business through revenue diversification and strict focus on unit economics.

    “Given the massive opportunity in the country for deeper penetration in sectors like investment solutions and insurance, we are accelerating our investments towards some of our newer businesses including our JVs with BlackRock and Allianz in these areas, which will yield significant benefits over a period of time,” Sethia further stated.

    July 16, 2026, 19:30 PM

  2. Q1 Results Live Updates: Jio Financial Services June quarter highlights

    Q1 Results Live Updates: "The performance for the quarter reflects the accelerating momentum across the entire business portfolio, led by sustainable loan book growth at Jio Credit Limited, JFSL’s lending franchise, alongside the scaling up of the asset management and payments businesses," the company said in a statement.

    Jio Financial Services further added that this expanding footprint across lending, payments, investment solutions, and insurance protection is further amplified by growing digital user engagement on the JioFinance app, while our treasury operations continue to provide a stable capital foundation to nurture early-stage joint ventures.

    July 16, 2026, 18:14 PM

  3. Q1 Results Live Updates: Jio Financial Services NBFC arm reports 3x YoY growth in AUM

    Q1 Results Live Updates: Jio Financial Services reported strong growth in its NBFC segment, with Assets Under Management (AUM) reaching ₹30,667 crore, reflecting a 2.6x year-on-year increase. The company’s asset management arm recorded an AUM of ₹18,412 crore, marking a 21% sequential rise, with liquid funds AUM crossing ₹10,000 crore.

    The Payments Solutions business recorded a Total Payment Value (TPV) of ₹19,208 crore, registering a 2.5x year-on-year increase. Meanwhile, the Payments Bank reported deposits of ₹617 crore, up 1.7x year-on-year.

    The insurance broking arm facilitated premiums worth ₹238 crore, reflecting a 1.6x year-on-year growth. Additionally, Allianz Jio Reinsurance Limited established its initial market presence, reporting ₹266 crore in gross written premiums during its first full quarter of operations.

    July 16, 2026, 19:31 PM

  4. Q1 Results Live Updates: Jio Financial Services profit soars over two folds YoY to ₹830 crore, revenue jumps 3x

    Q1 Results Live Updates: Jio Financial Services reported a 155.38% YoY surge in its consolidated net profit to ₹830 crore in Q1 FY27, compared with ₹325 crore in the year-ago period.

    Its revenue from operations jumped 227.45% YoY to ₹2,004 crore during the quarter under review, as against ₹612 crore in Q1 FY26. Read more.

    July 16, 2026, 18:27 PM

  5. Q1 Results Live Updates: Tech Mahindra profit rises 8% QoQ to ₹1,465 crore

    Q1 Results Live Updates: IT player Tech Mahindra on Thursday posted a 28.45% rise in consolidated net profit to ₹1,465 crore in the April-June quarter of FY27.

    The company had reported a net profit (attributable to equity holders of the company) of ₹1,140.60 crore in the year-ago period, according to a regulatory filing.

    The company’s revenue from operations grew 17.68% to ₹15,712 crore in Q1 FY27, as compared to ₹13,351 crore in Q1 FY26.

    Sequentially, the profit rose 8.22% while revenue inched up marginally by 4.22%. Read more.

    July 16, 2026, 18:25 PM

  6. Q1 Results Live Updates: Wipro Q2 FY27 outlook

    Q1 Results Live Updates: Wipro, in an exchange filing said that it expects revenue from its IT services business segment to be in the range of $2,574 million to $2,627 million. This translates to sequential guidance of (-)1.5% to (+)0.5% in constant currency terms.

    July 16, 2026, 16:07 PM

  7. Q1 Results Live Updates: Wipro announces ₹2 per share interim dividend

    Q1 Results Live Updates: Wipro Ltd declared an interim dividend of ₹2 per share. The record date is July 27. The payment of the interim dividend will be made on or before August 14, 2026. READ MORE.

    July 16, 2026, 16:23 PM

  8. Q1 Results Live Updates: Wipro net profit declines 4% QoQ to ₹3,352 crore, interim dividend announced

    Q1 Results Live Updates: Technology services and consulting company Wipro posted a 0.65% increase in its consolidated net profit to ₹3,352 crore in the June quarter of FY27, compared to ₹3,330 crore a year back. Sequentially, it declined 4.28%.

    Its revenue from operations climbed 10.59% to ₹24,479 crore in Q1 FY27, up from ₹22,135 crore in the year-ago period. Sequentially, it rose 1%. Read more.

    July 16, 2026, 18:26 PM

  9. Q1 Results Live Updates: Piramal Finance profit climbs 66% to ₹459 crore, revenue up 28%

    Q1 Results Live Updates: Piramal Finance Ltd on Thursday reported a 66.13% rise in consolidated net profit to ₹459 crore in the first quarter ended June 30, 2026.

    The company posted a consolidated net profit of ₹276.37 crore in the corresponding period of the last fiscal.

    Consolidated revenue from operations in the first quarter stood at ₹3,368 crore, up 27.62% compared to ₹2,639 crore in the year-ago period, ITC Hotels Ltd said in a regulatory filing.

    July 16, 2026, 15:37 PM

  10. Q1 Results Live Updates: New India Assurance Company to post earnings on July 24

    Q1 Results Live Updates: The Board of Directors of The New India Assurance Company Ltd is scheduled to meet on July 24 to consider and approve earnings for the latest June quarter.

    July 16, 2026, 15:23 PM

  11. Q1 Results Live Updates: ITC Hotels profit jumps 35% to ₹180 crore

    Q1 Results Live Updates: ITC Hotel’s consolidated net profit attributable to the owners of the company surged 35% to ₹180.25 crore, compared year-on-year with ₹133.10 crore in the same period a year ago. Read More.

    July 16, 2026, 14:40 PM

  12. Q1 Results Live Updates: BHEL net profit at ₹377 crore vs ₹455.5 crore loss a year ago

    Q1 Results Live Updates: Bharat Heavy Electricals Ltd reported a consolidated net profit of ₹376.71 crore in Q1 FY27 as against a net loss of ₹455.50 crore a year back.

    Its revenue from operations rose 40.29% to ₹7,698 crore in the quarter under review, compared to ₹5,487 crore in the year-ago period. Read More.

    July 16, 2026, 14:40 PM

  13. Q1 Results Live Updates: Polycab India net profit rises 32% to ₹784 crore, revenue up 39%

    Q1 Results Live Updates: Polycab India reported a 32.46% increase in consolidated net profit to ₹784 crore in the April-June quarter of FY27. The company had posted a net profit of ₹592.12 crore a year back.

    Its revenue from operations increased 39.01% to ₹8,210 crore.

    July 16, 2026, 14:08 PM

  14. Q1 Results Live Updates: South Indian Bank profit rises 17% to ₹378 crore

    Q1 Results Live Updates: South Indian Bank posted a 17.29% increase in its standalone net profit to ₹378 crore in the June quarter of FY27, compared to ₹321.95 crore a year back.

    July 16, 2026, 13:55 PM

  15. Q1 Results Live Updates: Sterling and Wilson Renewable Energy PAT rises 70% to ₹54 crore, revenue down 10%

    Q1 Results Live Updates: Sterling and Wilson Renewable Energy on Thursday reported a net profit of ₹54 crore in the June quarter, up 69.60% compared to a net profit of ₹31.97 crore in the year-ago period.

    In the reporting quarter, the company's revenue from operations declined 9.74% to ₹1,590 crore from the year-ago period's ₹1,762 crore.

    July 16, 2026, 13:20 PM

  16. Q1 Results Live Updates: Newgen Software Tech profit rises 26% to ₹63 crore, revenue up 11%

    Q1 Results Live Updates: Newgen Software Technologies reported a 26.35% increase in its consolidated net profit to ₹63 crore in Q1 FY27, compared to ₹49.72 crore a year back.

    Its revenue from operations climbed 11.24% to ₹357 crore.

    July 16, 2026, 12:58 PM

  17. Q1 Results Live Updates: Tech Mahindra shares rise nearly 2%

    Q1 Results Live Updates: Shares of Tech Mahindra were trading 1.75% higher at ₹1,525 per unit on the NSE. The company will post earnings today.

    July 16, 2026, 11:47 AM

  18. Q1 Results Live Updates: Zydus Wellness to post earnings on August 4

    Q1 Results Live Updates: The board of directors of Zydus Wellness will meet on August 4 to announce earnings for the quarter ended June 2026.

    July 16, 2026, 11:20 AM

  19. Q1 Results Live Updates: ICICI Lombard shares tumble 15% as higher claims, expenses weigh on earnings

    Q1 Results Live Updates: ICICI Lombard shares declined 15% on Thursday, as the general insurance company’s Q1 financial performance failed to impress investors with the rising claim payments, commission expenses, and outstanding claims for the period under review. Read More.

    July 16, 2026, 10:39 AM

  20. Q1 Results Live Updates: Jio Financial Services shares decline

    Q1 Results Live Updates: Ahead of the earnings announcement for the first quarter of FY27, shares of Jio Financial were trading at ₹235.46, down 0.48%, on the NSE.

    July 16, 2026, 09:58 AM

  21. Q1 Results Live Updates: Wipro shares rise over 1%

    Q1 Results Live Updates: Shares of Wipro Ltd rose 1.35% to ₹177 apiece on the NSE ahead of earnings announcement.

    July 16, 2026, 09:57 AM

  22. Q1 Results Live Updates: Wipro, Tech Mahindra, Jio Financial, BHEL, Ceat, BHEL, Polycab, others to release earnings on July 16

    Q1 Results Live Updates: Companies that will declare earnings on Thursday, July 16, include Wipro, Jio Financial Services, Tech Mahindra, Bharat Heavy Electricals Ltd, Polycab India, Piramal Finance, 360 ONE WAM, ITC Hotels, CEAT, South Indian Bank, WeWork India Management, Borosil Renewables, Newgen Software Technologies, Alok Industries, Sterling and Wilson Renewable Energy, and DB Corp, among others. Read More.

    July 16, 2026, 09:56 AM