Jio Financial Services Q2 revenue jumps 41% as lending operations scale

Jio Financial Services reported Q2 FY26 revenue of ₹981 crore, up 41% YoY, supported by higher lending and interest income, which rose 91% to ₹392 crore. Net profit was steady at ₹695 crore versus ₹689 crore a year earlier, while provisions increased to ₹13 crore as the company deepened its credit base. Net interest income expanded 25% to ₹256 crore. Management reaffirmed focus on digital credit, insurance, and payments infrastructure. Analysts see FY26 as a critical year for Jio Financial’s diversification strategy.