Jio Financial Services Q1 Profit Surges 2.6X YoY To ₹830 Cr
Reliance-backed Jio Financial Services reported Q1 FY27 net profit of ₹830.3 Cr, up 2.6X YoY and 205% QoQ. Operating revenue crossed ₹2,004.5 Cr, up 227% YoY, though total expenses climbed 290% to ₹1,015.8 Cr.
Jio Financial Services, part of Reliance, reported Q1 FY27 net profit surging 2.6X YoY to ₹830.3 Cr, with operating revenue crossing ₹2,000 Cr, up 227% YoY, while total expenses rose 290%.
Why this matters
The profit surge builds on Jio Financial's payments turnaround, with TPV up 2.5x and deposits up 72%, alongside lending growth driving revenue past ₹2,000 Cr for the quarter.
Retail-company signals accelerating, up 835000% QoQ.
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