Indian earnings call, October 22, 2026: Jio Financial says Jio Credit assets up 154%
Jio Financial Services said its consolidated total income, excluding a dividend impact, rose 132% year on year to Rs. 1,699 crore (Indian rupees) in the second quarter of fiscal year 2027.
An update from FactIQ, written from company statements in earnings calls of companies listed in India. What is FactIQ?
Key figures
- Jio Financial Services, consolidated total income, second quarter of fiscal year 2027
- Rs. 1,699 crorestated by the chief executive; up 132% year on year, excluding the Q2 FY2026 dividend impact
- Jio Financial Services, Jio Credit gross assets under management, as of September 30, 2026
- Rs. 37,320 crorestated by the chief executive; up 154% year on year
- Jio Financial Services, consolidated pre-provisioning operating profit, second quarter of fiscal year 2027
- Rs. 574 crorestated by the chief executive; up 85% year on year
- Jio Financial Services, JioBlackRock closing assets under management, second quarter of fiscal year 2027
- Rs. 22,746 crorestated by the chief executive; up 57% year on year and 24% from the previous quarter
Jio Financial Services said its income and operating profit rose in the quarter
On its call on October 22, 2026, the chief executive gave the results for the second quarter of fiscal year 2027 (FY2027Q2). Crore and lakh are Indian units for counting large numbers. Rs. stands for Indian rupees.- The chief executive said consolidated total income for the first half of fiscal year 2027, excluding dividend, rose 136% year on year to Rs. 3,195 crore.
- The chief executive said consolidated pre-provisioning operating profit rose 85% year on year to Rs. 574 crore in FY2027Q2. This is profit before money is set aside for possible bad loans.
The chief executive said assets grew at the lending and fund management units
- Jio Credit: gross assets under management (AUM), the total value of assets the unit manages, reached Rs. 37,320 crore as of September 30, 2026. The chief executive said this was up 154% year on year. The chief executive also said these assets expanded steadily from the first quarter of fiscal year 2027.
- JioBlackRock asset management company (AMC), a fund manager: the chief executive said closing AUM reached Rs. 22,746 crore in FY2027Q2. That was growth of 57% year on year and 24% from the previous quarter.
Smaller units reported deposits, premiums and app users
- Jio Payments Bank: the chief executive said customer deposits reached Rs. 643 crore in FY2027Q2, up 53% year on year. The deposits were held across 40 lakh current account and savings account (CASA) accounts.
- Jio Insurance Broking Limited: the chief executive said it facilitated total premiums of Rs. 346 crore in FY2027Q2.
- JioFinance app: the chief executive said Jio Financial Services' digital properties recorded 3.2 crore unique users in FY2027Q2.
- The chief executive said that, effective April 29, 2026, the company began consolidating a 100%-owned step-down subsidiary line by line. A step-down subsidiary is one held through another subsidiary.
Source: Earnings calls of companies listed in India. See which companies FactIQ covers.
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