Jio Financial Services Limited AUM crosses Rs. 10,000 crore; FY25 PPoP at Rs. 1,594 crore

Consolidated Financial Highlights for FY25 (Year Ended March 31, 2025):

• Assets under Management (AUM) of Jio Finance Ltd. (JFSL’s NBFC subsidiary) stood at Rs. 10,053 crore as of March 31, 2025, up from Rs. 173 crore as of March 31, 2024, and Rs. 4,199 crore as of December 31, 2024.

• Income from Business Operations stood at Rs. 349 crore.

• Total Income was Rs. 2,079 crore, up 12% YoY.

• Pre-Provision Operating Profit (PPoP) stood at Rs. 1,594 crore.

• Profit After Tax (PAT) came in at Rs. 1,613 crore.

• Equity infusion of Rs. 1,346 crore was made in FY25 in group companies to support growth plans.

• The Board has recommended a dividend of Rs. 0.50 per equity share of face value Rs. 10.

Consolidated Financial Highlights for Q4 FY25 (Quarter Ended March 31, 2025):

• Total Income was Rs. 518 crore, up 24% YoY.

• Pre-Provision Operating Profit stood at Rs. 374 crore, up 18% YoY.

• Profit After Tax was Rs. 316 crore.

With a robust foundation for sustainable growth – including people, processes, technology, and governance – JFSL made rapid strides in FY25 in terms of execution.

Catering to the four core financial needs of a customer – to borrow, invest, transact, and protect – JFSL group entities launched a diverse range of offerings. These included:

• Loans

• Digital gold

• Investment tracker and spend analyser

• Savings bank accounts

• Insurance

The swift rollout of these products translated into positive growth trends in JFSL’s operating performance during FY25.

In addition to expanding its product portfolio, the company enhanced its distribution reach across both digital and physical touchpoints. The digital distribution ecosystem was further strengthened by integrating the company's product offerings with the MyJio app in September 2024.

The JioFinance app, a unified digital storefront for JFSL’s retail-focused products and services, gained traction with 8 million monthly active users (MAUs) across all digital properties as of March 2025.

JFSL also developed a data intelligence engine that processes internal and external data to improve customer targeting, experience, and operational efficiency. Contextual marketing campaigns were launched, aimed at the group ecosystem’s expansive customer base.

The physical footprint of the JFSL group expanded as well:

• Jio Finance Limited established a physical presence in 10 Tier-1 cities, addressing strong demand for its suite of retail and corporate lending solutions.

• Jio Payments Bank Limited, with 2.31 million customers as of March 31, 2025, expanded its Business Correspondents (BC) network to over 14,000 BCs, marking a six-fold increase over FY24.

A notable innovation during the year was the launch of JioSoundPay on JioBharat feature phones by Jio Payment Solutions Limited. JioSoundPay is an industry-first feature providing instant audio alerts for UPI payments, enhancing security and ease of use for merchants.

To support future growth and the increasing scale of operations, Rs. 1,346 crore in additional equity was infused into group entities, including:

• Jio Finance Limited

• Jio Payments Bank Limited

• Joint ventures with BlackRock for asset management and wealth management

Reinforcing its commitment to value creation for stakeholders, the Board recommended a dividend of Rs. 0.50 per equity share of face value Rs. 10 each.

Hitesh Sethia, Managing Director and Chief Executive Officer, Jio Financial Services Limited, said:
"In FY25, we leveraged the strong foundation built in FY24 to drive exceptional execution and significant operational growth across businesses, in a risk-calibrated manner. The year was defined by swift product launches, strengthening distribution across key markets, and rapid growth in the JioFinance app’s user base. In FY26, we will build upon this momentum by leveraging our integrated data infrastructure and AI-driven analytics to offer the right product to the right customer, through the right channel. Over the medium-to-long term, our aspiration is to become one of the leading companies in financial services, in terms of meaningful market share, innovation, and ability to offer products at cost points relevant for Indian customers.”