Shares of Jio Financial Services Ltd (JFSL) traded 1.04% higher at ₹321.45 on Friday after the company reported a steady financial performance for the first quarter of FY26, backed by robust revenue growth.
For the quarter ended June 30, 2025, JFSL’s consolidated net profit rose 3.8% YoY to ₹325 crore, compared to ₹313 crore in the year-ago period. Revenue from operations surged 47% YoY to ₹612 crore, up from ₹418 crore in Q1FY25.
On a sequential basis, profit after tax increased 2.8% from ₹316 crore in Q4FY25, while revenue grew 24% from ₹493 crore.
Total expenses for the quarter climbed to ₹261 crore, up from ₹169 crore in Q4FY25 and ₹79 crore in Q1FY25, reflecting higher finance costs, employee benefits, and operational costs.
Key Highlights:
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Interest income rose to ₹363 crore, versus ₹276 crore in Q4FY25 and ₹162 crore YoY.
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Income from fees, commissions, and other services grew to ₹53 crore, from ₹39 crore sequentially and ₹38 crore YoY.
Brokerage view:
According to Trendlyne, the average target price for JFSL is ₹272, suggesting a potential downside of about 15% from current levels. Of the two analysts tracking the stock, the consensus remains ‘Hold’.
The results highlight JFSL’s ongoing expansion into financial services, but analysts caution that valuations may limit near-term upside despite operational strength.
