Jio Financial Q4 Results: Net Income Up 24% To Rs. 518 Cr, PAT Stood At Rs. 316 Cr, Dividend Declared; Buy?

On Thursday, Jio Financial Services Limited revealed its financial results for the quarter and year that ended on March 31, 2025. The company's net income increased 24% YoY to Rs 518 crore from Rs 418 Cr in Q4FY24. At Rs. 374 crore in Q4FY25, the company's pre-provision operating profit increased 18% year over year from Rs. 317 cr in the year-ago quarter. In Q4FY25, Jio Financial Services reported a net profit of Rs. 316 crore, up from Rs. 311 Cr in Q4FY24.

For the full financial year ended March 31, 2025, the company's 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. For the whole fiscal year that concluded on March 31, 2025, the company's overall income was Rs. 2,079 crore, up 12% YoY, while its income from business operations was Rs. 349 crore. For the whole fiscal year that ended on March 31, 2025, the company's profit after tax reached Rs. 1,613 crore.

"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," said Hitesh Sethia, Managing Director and Chief Executive Officer, Jio Financial Services Limited.

The Board of Directors "Recommended a dividend of Rs.0.50 per equity share of Rs. 10/- each for the financial year ended March 31, 2025," said Jio Financial Services in a stock exchange filing.

In March 2025, the JioFinance app, which serves as a single digital shop for JFSL's retail-focused products and services, attracted 8 million monthly active users (MAU) across all its digital platforms. With 2.31 million customers as of March 31, 2025, Jio Payments Bank Limited has grown its network of Business Correspondents (BCs) to 14,000+, more than six times as many as it had in FY24.

Jio Financial Services Share Price Target

"Jio Financial is forming a base around current levels and shows signs of steady accumulation. The overall trend is upward, and a move past ₹250 could spark further gains. Technical indicators are supportive, and the stock is well-positioned for short-term upside. ₹240 acts as a solid support level," said Riyank Arora - Technical Analyst - Mehta Equities Limited.

"Jio Financial stock price is slightly bullish on the Daily charts with strong support at 237. A Daily close above resistance of 254 could lead to a target of 281 in the near term," commented A R Ramachandran, Independent Research Analyst.

Disclaimer

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