Jio Financial Q2 FY27 consolidated PAT at Rs 340.00 cr, down 51% YoY

• Basis: Consolidated statement of profit and loss ("Statement of Profit and Loss – Consolidated").
• Period reported: Quarter ended 30 September 2026 (Q2 FY27).
• Comparative period: Quarter ended 30 September 2025 (Q2 FY26), as presented in the same table.

Key P&L numbers (consolidated, Q2 FY27 vs Q2 FY26)

• Total Income: Rs 1,699.00 cr vs Rs 733.00 cr.
• Interest income: Rs 1,258.00 cr vs Rs 392.00 cr.
• Fees and commission income: Rs 277.00 cr vs Rs 140.00 cr.
• Net gain on fair value changes: Rs 165.00 cr vs Rs 180.00 cr.
• Other Income: Rs 0.00 cr vs Rs 21.00 cr.
• Total Expenses: Rs 1,125.00 cr vs Rs 423.00 cr.
• Finance cost: Rs 578.00 cr vs Rs 136.00 cr.
• Staff Expenses: Rs 147.00 cr vs Rs 95.00 cr.
• Other Operating Expenses: Rs 401.00 cr vs Rs 193.00 cr.
• Pre provisioning operating profit: Rs 574.00 cr vs Rs 310.00 cr.
• Provisions: Rs 41.00 cr vs Rs 13.00 cr.
• Dividend income: Rs 0.00 cr vs Rs 269.00 cr.
• Share of Associates & JV: Rs -44.00 cr vs Rs 217.00 cr.
• Profit before exception items: Rs 489.00 cr vs Rs 783.00 cr.
• Exceptional items: Rs - crore vs Rs - crore.
• Profit before tax: Rs 489.00 cr vs Rs 783.00 cr.
• Provision for taxation: Rs 149.00 cr vs Rs 88.00 cr.
• Profit after tax: Rs 340.00 cr vs Rs 695.00 cr.

According to the statement of financial results, consolidated total income for Q2 FY27 increased to Rs 1,699.00 cr from Rs 733.00 cr in Q2 FY26, driven mainly by higher interest income, which rose to Rs 1,258.00 cr from Rs 392.00 cr, and higher fees and commission income of Rs 277.00 cr compared with Rs 140.00 cr a year earlier. Net gain on fair value changes was Rs 165.00 cr versus Rs 180.00 cr, while other income declined to Rs 0.00 cr from Rs 21.00 cr.

Total expenses also rose, with finance cost increasing to Rs 578.00 cr from Rs 136.00 cr, staff expenses to Rs 147.00 cr from Rs 95.00 cr, and other operating expenses to Rs 401.00 cr from Rs 193.00 cr. This took total expenses to Rs 1,125.00 cr in Q2 FY27, compared with Rs 423.00 cr in Q2 FY26. Pre provisioning operating profit improved to Rs 574.00 cr from Rs 310.00 cr.

Below the operating line, provisions increased to Rs 41.00 cr from Rs 13.00 cr. Dividend income, which was Rs 269.00 cr in Q2 FY26, was Rs 0.00 cr in Q2 FY27. Share of associates and joint ventures moved from a positive Rs 217.00 cr in Q2 FY26 to a negative Rs -44.00 cr in Q2 FY27. Profit before exception items and profit before tax both stood at Rs 489.00 cr in Q2 FY27, compared with Rs 783.00 cr in Q2 FY26, as there were no exceptional items reported for either quarter in the consolidated statement. After a tax provision of Rs 149.00 cr versus Rs 88.00 cr a year earlier, profit after tax for Q2 FY27 was Rs 340.00 cr, compared with Rs 695.00 cr in Q2 FY26.