New Delhi, July 17 -- Jio Financial Services Q1 Results 2026: Shares of Jio Financial Services surged 6% to Rs.250 on the BSE on Friday after the company reported a 155% year-on-year (YoY) jump in consolidated net profit to Rs.830 crore for the June quarter, compared with Rs.325 crore in the corresponding period last year.

The company also reported robust growth in its top line, with revenue from operations rising 227% YoY to Rs.2,004 crore from Rs.612 crore a year ago. Interest income increased 165% to Rs.962 crore, while fee and commission income climbed to Rs.325 crore from Rs.54 crore in the year-ago quarter.

Motilal Oswal maintained its 'Buy' rating on Jio Financial Services with a target price of Rs.315, implying a potential upsid...