Jio Financial Services Q2 Results: PAT drops 51% YoY to Rs 340 crore; NII soars 165%

What happened: Jio Financial Services reported Q2FY27 profit after tax fell 51% year-on-year to Rs 340 crore, while net interest income rose 165% year-on-year to Rs 680 crore. Key numbers: PAT Rs 340 crore, down 51% YoY. NII Rs 680 crore, up 165% YoY. PPOP Rs 574 crore, up 85%. Total income Rs 1,699 crore, up 132%. Interest income Rs 1,258 crore, up 221%. NBFC PAT Rs 120 crore, up 140%. Why it matters: The NBFC arm's profit growth and higher net processing margin of 14 basis points contrasted with the consolidated profit decline. The stock has fallen 26% so far in 2026.

Jio Financial Services reported Q2FY27 profit after tax fell 51% year-on-year to Rs 340 crore, while net interest income rose 165% year-on-year to Rs 680 crore.

The NBFC arm's profit growth and higher net processing margin of 14 basis points contrasted with the consolidated profit decline. The stock has fallen 26% so far in 2026.