Jio Financial Services Ltd
Jio Financial Services Q2 FY27 Results Transcript Reveals AUM Rs. 22,746 crore
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 22 Oct 2026, 03:38 PM IST · BSE ID: bf4b4766-88ba-4f4d-b551-75cdcbf9c5c7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company released details from its latest earnings call, showing growth in lending, payments, and asset management businesses.
🤖 AI Summary
- Jio Financial Services released the transcript of its Q2 and H1 FY27 financial results presentation from October 15, 2026.
- Jio Credit's Gross Assets Under Management reached Rs. 37,320 crore as of September 30, 2026, a 154% YoY growth.
- Jio Payments Bank customer deposit base expanded to Rs. 643 crore, representing a 53% year-on-year increase.
- JioBlackRock AMC's Closing AUM reached Rs. 22,746 crore, growing 57% year-on-year and 24% sequentially.
- Consolidated Total Income for Q2 FY27, excluding dividend impact, grew 132% year-on-year to Rs. 1,699 crore.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Jio Credit Gross Assets Under Management (Q2 FY27)
Rs. 37,320 crore
154%
Jio Payments Bank Customer Deposit Base (Q2 FY27)
Rs. 643 crore
53%
JioBlackRock AMC Closing AUM (Q2 FY27)
Rs. 22,746 crore
57%
Consolidated Total Income (Q2 FY27, excl. dividend)
Rs. 1,699 crore
132%
Consolidated Profit Before Tax (Q2 FY27, excl. dividend)
Rs. 489 crore
51%
Consolidated Profit After Tax (Q2 FY27)
Rs. 340 crore
Jio Credit Limited Profit After Tax (Q2 FY27)
Rs. 120 crore
140%
Total Consolidated Shareholders' Equity (Sep 30, 2026)
Rs. 1.3 lakh crore
🏢 How This Affects the Company
The company's core businesses like lending, asset management, and payments continued to scale, with Gross AUM in Jio Credit growing 154% YoY and JioBlackRock AMC AUM up 57% YoY.
Consolidated Total Income for Q2 FY27 grew 132% YoY to Rs. 1,699 crore (excluding dividend impact), with Profit Before Tax increasing 51% YoY to Rs. 489 crore under the same exclusion.
New initiatives like JioFinance+ and JioFinance360 were rolled out on the JioFinance app, aiming to enhance customer engagement and financial well-being. A partnership with Bank of America for a 49.9% stake in Jio Credit is expected to bring Rs. 18,000 crore in growth capital.
The sequential moderation in reinsurance Gross Written Premium to Rs. 244 crore was driven by primary insurers recalibrating crop insurance exposure due to seasonal and environmental factors.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this results transcript.
👤
Who Is Affected
Shareholders are provided with updated financial and operational performance data for Q2 and H1 FY27, showing business segment growth and strategic developments.
🔍
Management Signal
Management aims to scale a full-stack financial services institution, driving disciplined, quality-led expansion through strategic partnerships and digital innovation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Regulatory approval status for Bank of America's stake acquisition in Jio Credit.
Detailed updates on the performance and user adoption of JioFinance+ and JioFinance360 features.
Q3 FY27 financial results to assess sustained growth across business verticals.
MEDIUM RISK
Sequential moderation in reinsurance GWP and strategic TPV adjustments indicate some business segment volatility.
💡 Investor Takeaway
Jio Financial Services reported Q2 FY27 Consolidated Total Income of Rs. 1,699 crore (excluding dividend impact), a 132% year-on-year increase. Jio Credit's Gross AUM reached Rs. 37,320 crore, up 154% YoY, and JioBlackRock AMC's Closing AUM hit Rs. 22,746 crore, a 57% YoY growth.
⚖️ Strengths & Concerns
✅ Positives
- Jio Credit's Gross Assets Under Management rose to Rs. 37,320 crore, demonstrating 154% year-on-year growth as of September 30, 2026.
- Consolidated Total Income for Q2 FY27 grew 132% year-on-year to Rs. 1,699 crore (excluding dividend impact), reflecting operational strength.
⚠️ Concerns
- Jio Payment Solutions Total Payment Value (TPV) showed a quarter-on-quarter adjustment, which was a deliberate pivot towards margin-accretive segments.
- Allianz Jio Reinsurance Limited underwrote Rs. 244 crore in Gross Written Premium, with sequential moderation due to recalibration of crop insurance exposure.
📅 Company Track Record
Jio Financial Services was recently listed via demerger. Its Q1 FY27 Consolidated Total Income grew 141% YoY to ₹1,496 crores. This filing provides further financial and operational details for Q2 and H1 FY27.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Jio Financial Services' Consolidated Total Income for Q2 FY27?
Jio Financial Services' Consolidated Total Income for Q2 FY27, excluding dividend impact, was Rs. 1,699 crore, representing a 132% year-on-year growth.
What is the Gross Assets Under Management (AUM) for Jio Credit as of September 30, 2026?
Jio Credit's Gross Assets Under Management stood at Rs. 37,320 crore as of September 30, 2026, marking a 154% year-on-year growth.
What was the Closing AUM for JioBlackRock AMC in Q2 FY27?
JioBlackRock AMC's Closing AUM reached Rs. 22,746 crore in Q2 FY27, showing a 57% year-on-year growth and 24% sequential expansion.
What was Jio Financial Services' Consolidated Profit After Tax for Q2 FY27?
Jio Financial Services reported a Consolidated Profit After Tax of Rs. 340 crore for the quarter ended September 30, 2026.
What is the capital strength of Jio Financial Services as of September 30, 2026?
Jio Financial Services' Total Consolidated Shareholders' Equity stood at Rs. 1.3 lakh crore as of September 30, 2026.
Questions based on this BSE filing only. For information purposes.