Jio Financial Services (JFS) saw strong operational growth in FY26, driven by its lending, payments, and asset management businesses. **Business Performance:** NBFC AUM impressively surged 156% YoY to ₹25,711 Cr.

Payment Solutions Total Payment Value (TPV) climbed 144% to ₹52,226 Cr, and Payments Bank Deposits grew 84% to ₹544 Cr.

Net Income from Business Operations saw a significant 272% jump to ₹1,390 Cr.

However, consolidated Profit After Tax (PAT) for FY26 was ₹1,561 Cr, a slight ~3% dip, reflecting increased investments in scaling new businesses and higher operating expenses, despite Total Income growing 78% to ₹3,274 Cr. **Growth Drivers/Strategy:** JFS is building an AI-native, hyper-personalized financial marketplace, expanding lending products, scaling payment solutions, and introducing new investment offerings via JioBlackRock.

They're leveraging their 23 million unique digital users and vast physical network across India. **Recent Developments:** JFS launched its Intelligent Finance Marketplace (1.7M downloads). Key regulatory clearances were obtained for its reinsurance JV with Allianz and for cross-border payment aggregation.

Jio Payments Bank rolled out UPI-based cash withdrawals. **Outlook:** The company continues to invest heavily in incubating and scaling growth businesses.

A dividend of ₹0.60/share for FY26 has been proposed.

Future initiatives include a 'Value-back Membership Program' and a 'Personal CFO' feature, enhancing customer experience with AI-powered financial guidance.