Results - Announcements
Jio Financial Services Ltd share price gained 0.09% to Rs 218.75. The Company's net profit tanked by 59% to Rs 340.44 crore, while revenue from operations slipped 15.23% to Rs 1699.28 crore in Q3FY26 over Q2FY26.
The market capitalization of Investment Company industry group stocks on BSE stood at Rs 4.29 lakh crore, gaining 3.27%. It has inched up 1.07% over last one week and declined by 8.43% in last one month while the market capitalization of Jio Financial Services Ltd has marginally improved by 1.84% and 9.98% in the same period respectively.
Profit before tax (PBT) of Jio Financial Services Ltd stood at Rs 489.46 crore in Q3 FY26, tumbling by 37.49% year-on-year, and nosediving by 49.52% quarter-on-quarter. EBITDA came in at Rs 544 crore, rising 2.40% YoY and crashing by 45.45% sequentially.
Total expenses increased by 14.79% to Rs 1166.07 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 146.67 crore, softening 3.47% YoY.
For the TTM ended FY26, revenue from operations witnessed a strong growth of 71.97% to Rs 3513.26 crore, while net profit slipped by 3.21% to Rs 1560.9 crore, compared to previous TTM. EBITDA surged by 151051% to Rs 1530.42 crore, and PBT softened 1.81% to Rs 1911.66 crore compared to previous TTM.
Jio Financial Services Ltd nosedived by 30.03% in last one year, underperforming the benchmark BSE Sensex which has declined by 10.04% during the same period.