Jio Financial Services Q2 Results: PAT drops 51% yoy to Rs 340 crore; NII up 132%
Jio Financial Services set out an expansion in a quarterly results development for Q2 FY27.
· ET Stocks, Economic Times Markets
Jio Financial Services reported a 51% year-on-year decline in Q2 FY27 profit to Rs 340 crore, despite total income rising 132% and net interest income surging 165%. Its NBFC business delivered 140% profit growth amid expanding financial services operations.
Key facts
- Period
- Q2 FY27
The analysis
Jio Financial Services reported Rs 340 crore for Q2 FY27, with movement of 51%, 132% and 165% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.2% on the day at ₹204.50, and has returned -17.2% over three months. It sits 35% below its 52-week high, which means a good deal of bad news was already in the price. The financial services sector has moved -14.9% over the same period, so Jio Financial Services is running 2.3 points behind its peers.
For Jio Financial Services, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Jio Financial Services (JIOFIN), in Financial Services.
- Over three months: Jio Financial Services -17.2% against Financial Services -14.9% (2.3 points behind).
- At least 25% below the 52-week high: Jio Financial Services (35%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Jio Financial ServicesJIOFIN · Financial Services | ₹204.50 | -1.2% | -5.7% | -17.2% | -35.1% | 0.7× | — |
Financial Services
1M -8.8% · 3M -14.9%
Jio Financial Services
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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