Jio Financial Q1 FY27: NBFC disbursements up 173%, payments bank nears 4M users
Jio Financial Services posted Q1 FY27 net profit of Rs 830.2 crore (up 156%) on operating revenue of Rs 2,004.5 crore (up 227%). NBFC arm's loan disbursements rose 173% to Rs 11,252 crore, AUM hit Rs 30,667 crore (up 163%), and payments bank users neared 3.9 million with TPV up 2.5x to Rs 19,208 crore.
Reliance's Jio Financial Services posted Q1 FY27 results: NBFC loan disbursements up 173%, payments bank nearing 4 million users, payment TPV up 2.5x, net profit up 156%, with expanded UPI, BBPS and cross-border payment offerings.
Why this matters
The Q1 FY27 results reinforce Jio Financial's momentum, echoing reports of shares surging 6% and AUM jumping 2.6x on the same 156% profit growth to Rs 830 crore.
Retail-company signals accelerating, up 856400% QoQ.