Jio Financial Services Shares Go Ex-Dividend Today: Dividend Value, Key Dates, AGM Details

Mukesh Ambani-led Jio Financial Services Ltd officially entered its ex-dividend phase on Monday, August 11th. The financial powerhouse has proposed a final dividend of Rs. 0.50 per share for the year ending March 31st.

Shareholders whose names are recorded as of August 11 will qualify for the payout. The dividend plan will be presented for approval at JFSL's second Annual General Meeting (AGM) after its listing, scheduled for August 28, 2025.

Additionally, the company has designated August 21, 2025, as the record date for determining which shareholders are entitled to vote on the AGM's agenda.

"The Company has fixed Thursday, August 21, 2025, as the 'Cut-off Date' for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM," the firm stated in an exchange filing.

Jio Financial Services Stock Update

On August 11, JFSL shares ended the trading day 2.1% higher at Rs. 327.90 on the BSE, securing a market capitalisation of Rs. 2.04 lakh crore. Despite this single-day gain, the stock has seen a 2.84% decline over the past five sessions. In the last six months, Jio Financial Services shares have surged 39% and are currently 64.99% up from their 52-week low. As of August 11, JOFSL market capitalisation stands at Rs. 2.09 lakh crore.

Share Price Target

In its stock report, Geojit Financial gave a buy call for the stock, stating, "JFSL demonstrated healthy financial performance in Q1FY26, marked by robust business growth and strong operational execution. The company's prudent capital allocation strategy is focused on long-term value creation for customers, shareholders and stakeholders, underscoring a commitment to sustainable growth and profitability. Through strategic planning, cost structure optimisation and prudent capital allocation, JFSL is well-positioned to capitalise on the opportunities. Therefore, we upgrade our rating on the stock to BUY based on 1.8x FY27E BVPS with a revised target price of Rs. 361."

Q1 FY26 Performance

In its latest quarterly update, Jio Financial Services reported a 3.8% year-on-year growth in consolidated net profit, reaching Rs. 325 crore for the quarter ending June 30, 2025, compared to Rs. 313 crore in the same period last year. Revenue from operations surged 47% to Rs. 612 crore. Interest income rose sharply to Rs. 363 crore from Rs. 276 crore in the previous quarter, while fee and commission income increased to Rs. 53 crore from Rs. 39 crore.

The company posted a net profit jump of 27% from Rs. 316 crore in Q4 FY25, while revenue saw a 24% boost from Rs. 493 crore.

On the cost side, total expenses grew to Rs. 261 crore, up from Rs. 169 crore in Q4 FY25 and Rs. 79.35 crore in Q1 FY25.

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