Mumbai, April 18 -- Jio Financial Services reported 13.88% drop in consolidated net profit to Rs 272.22 crore despite 106.49% surge in revenue from operations to Rs 1018.51 crore in Q4 FY26 over Q4 FY25.

Profit before tax fell 14.47% YoY to Rs 338.53 crore in the quarter ended 31st March 2026.

The company's consolidated pre-provision operating profit(PPOP) stood at Rs 327 crore in Q4 FY26. PPOP was impacted by the consolidation of JPBL's financials on a line-by-line basis as a 100% subsidiary with effect from 18 June 2025, continued investments in scaling growth companies and incubating businesses in nascent stages and geopolitics-led volatility impacted treasury income on a higher capital base.

NBFC's Assets Under Management (AUM) sto...