Jio Financial Services Q3 results: Jio Financial Services on Thursday, January 15, reported a nearly 9% year-on-year (YoY) drop in its consolidated profit to ₹268.98 crore for the December quarter of the current financial year (Q3FY26). In the corresponding quarter of the previous financial year, the company’s profit was ₹294.78 crore.
However, total income for the quarter under review stood at ₹901 crore, up 101% from ₹449 crore in the same quarter last year.
Pre provisioning operating profit rose 7.3% YoY to ₹354 crore from ₹330 crore in the same quarter last year.
The company’s assets under management (AUM) increased by 29% sequentially at ₹19,049 crore by the end of Q3FY26 compared to ₹14,712 crore by the end of Q2FY26.
Disbursements surged 30% QoQ to ₹8,615 crore from ₹6,624 crore in Q2FY26. Borrowings stood at ₹16,192 crore compared to ₹11,960 crore in Q2FY26. The average cost of borrowing was 6.99% versus 7.06% in Q2FY26.
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