Jio Financial Services stock reports 227 percent Q1 revenue growth

Published on 10/07/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jio Financial Services stock was trading at INR 216.59 on October 7, 2026, down 0.60 percent at 1:38 p.m. IST. Analysts see an average INR 295.33 target.

Jio Financial Services, INE758E01017, Illustration mit AI erstellt.

Jio Financial Services (ISIN INE758E01017) reported Q1 FY27 revenue of INR 2,004.54 crore, up 227.28 percent year over year. The stock was trading at INR 216.59 on the NSE on October 7, 2026, at 1:38 p.m. IST, down 0.60 percent from the previous close.

Revenue scales sharply in Q1

According to Goodreturns on July 17, 2026, consolidated net profit reached INR 830 crore in the quarter ended June 30, 2026, compared with INR 325 crore in Q1 FY26. That represents year-over-year growth of 156 percent, while basic and diluted earnings per share stood at INR 1.27.

The finance business also delivered a sharp sequential increase. The Economic Times reported total income of INR 2,004.54 crore for June 2026, versus INR 1,019.69 crore in March 2026, a quarter-over-quarter increase of 96.58 percent. The comparison matters because the latest revenue base includes the continuing expansion of lending, payments and investment activities.

Credit growth meets execution risk

Jio Credit's assets under management reached INR 30,667 crore in Q1 FY27, according to DSIJ on July 17, 2026. The figure was 2.6 times the year-earlier level and 19 percent above March 2026, giving lending the clearest operating scale metric in the latest report.

DSIJ also cited consolidated pre-provision operating profit excluding dividends of INR 505 crore, up 38 percent year over year. The same report said operating expenses rose 270 percent year over year to INR 573 crore, making expense discipline and credit quality important counterweights to the headline profit growth.

Analysts see INR 295.33 target

MarketScreener listed a Buy consensus from 3 analysts as of September 22, 2026. The average target was INR 295.33, with a high of INR 315.00 and a low of INR 273.00; against the October 7 price of INR 216.59, the average target lies 36.3 percent above the stock.

The gap between operating growth and expenses gives the consensus its central test: Jio Financial Services must convert expanding credit and payment activity into recurring earnings rather than relying on investment or dividend income.

Stock holds above yearly low

Jio Financial Services was trading inside an INR 208.50 to INR 316.85 52-week range on October 7, 2026. Its market capitalization was INR 1.4 trillion and volume stood at 7,542,036 shares, keeping the current quote 3.9 percent above the yearly low.