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has reported over two-fold jump in its net profit at Rs 17,904 crore for the first quarter ended June 30, 2025 as compared to Rs 7,611 crore for the same quarter in the previous year. However, total income of the company decreased by 2.18% at Rs 1,34,829 crore for Q1FY26 as compared to Rs 1,37,833 crore for the corresponding quarter previous year. On consolidated basis, the company has reported 78.32% rise in net profit at Rs 26,994 crore for Q1FY26 as compared to Rs 15,138 crore for the same quarter in the previous year. The total income of the company increased by 9.82% at Rs 2,63,779 crore for Q1FY26 as compared to Rs 2,40,200 crore for the corresponding quarter previous year. (JFSL) and Allianz Group (Allianz) through its wholly-owned subsidiary -- Allianz Europe B.V., have entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance market in India. The reinsurance partnership will bring together company’s deep local expertise and robust digital footprint with Allianz’s strong underwriting and global reinsurance capabilities. The JV will leverage Allianz’s existing Allianz Re and Allianz Commercial portfolios and activities in India. It will also benefit from Allianz’s global setup, including its pricing, risk selection and portfolio management expertise. Allianz Re has been reinsuring risk in India for over 25 years. has received work order from Mumbai Metropolitan Region Development Authority for CA-233, Line-6, Package-2: Design, Manufacture, Supply, Installation, Integration, Testing and Commissioning of Power Supply and Traction, E & M, Lifts & Escalators including 5 Years of Comprehensive Maintenance after 2 Years of Defect Liability Maintenance Period of Line 6 (Swami Samarth Nagar to Vikhroli (EEH)) of Mumbai Metro Rail Project of MMRDA.