$JIOFIN Jio Financial Services reported blockbuster Q1 FY27 results on 16 July 2026

Jio Financial Services reported blockbuster Q1 FY27 results on 16 July 2026, with net profit surging 156% to ₹830 crore and revenue more than tripling to ₹2,004 crore. The stock jumped over 6% on 17 July 2026, supported by strong growth in lending, payments, and a new insurance JV with Allianz. 📊 Key Financial Highlights (Q1 FY27, April–June 2026) Metric Q1 FY27 YoY Growth Driver Net Profit ₹830 crore +156% Lending & payments growth Revenue from Operations ₹2,004 crore +227% Lending, payments, insurance Assets Under Management (AUM) ₹30,667 crore 2.6× YoY Jio Credit expansion Interest Income ₹962 crore +165% Lending book growth Dividend Income ₹509 crore — Treasury gains PPOP (excl. dividend) ₹505 crore +38% Efficiency gains 🏦 Business Segment Performance Lending (Jio Credit): Gross disbursements rose 2.7× YoY to ₹11,252 crore. Net interest income surged 118% to ₹257 crore. Payments (Jio Payments Bank & Jio Payment Solutions): Jio Payments Bank income jumped 7.7× YoY to ₹83 crore. Deposits rose 72% YoY to ₹617 crore; CASA base expanded 51% YoY to 3.9 million accounts. Jio Payment Solutions processed ₹19,208 crore TPV, up 2.5× YoY. Insurance JV: Incorporated Jio Allianz General Insurance Ltd (50:50 JV with Germany’s Allianz Group). Focus on general and health insurance for India’s expanding market. 📈 Stock Market Reaction Price Action (17 July 2026): Opened gap-up at ₹247.30 (vs. previous close ₹235.65). Intraday high ₹249.90 (+6.05%). Closed around ₹245.25 (+4.07%). Market Cap: ₹1.61 lakh crore. Brokerage Calls: Motilal Oswal: Buy, TP ₹315 (+34% upside). Geojit Investments: Buy, TP ₹273.