New Delhi, April 17 -- Jio Financial Services (JFSL), the financial arm of Reliance Industries, announced its financial performance for the March quarter and FY26 today after market hours, reporting a consolidated net profit of Rs.272 crore, down 14% from Rs.316 crore in the same period last year.

The company, which operates across investing and financing, insurance broking, payment banking, payment aggregator/gateway services, and asset management, saw its revenue rise to Rs.1,018.51 crore from Rs.493.24 crore in the fourth quarter of the previous fiscal year.

Despite a sharp jump in revenue, higher finance costs, which rose to Rs.298 crore from Rs.7.65 crore in Q4FY25, have severely impacted the company's bottom-line performance. The ...