Jio Financial’s Remarkable Growth in FY25
In a major financial leap, Jio Financial Services, the non-banking financial company (NBFC) backed by billionaire Mukesh Ambani, reported a staggering 5680% increase in its Assets Under Management (AUM) in its January–March 2025 quarterly results. The company revealed that AUM soared from ₹173 crore at the end of FY24 to a remarkable ₹10,053 crore by the close of FY25. This extraordinary growth also saw AUM more than double on a quarterly basis, rising from ₹4,199 crore in December 2024.
The company’s rapid expansion comes as part of a broader vision to establish itself as a dominant force in India’s financial services sector. Jio Financial Services aims to secure a meaningful market share through innovation and cost-effective financial solutions tailored to customer needs. Over the medium-to-long term, the company plans to emerge as a leading player in terms of both scale and technology-led offerings.
Strategic Expansion and Leadership Vision
The company’s footprint also expanded significantly during FY25, with Jio Finance Limited, a subsidiary of JFSL, setting up operations in 10 Tier-1 cities to meet increasing demand for its retail and corporate lending services. Additionally, the company infused ₹1,346 crore in equity into group entities to strengthen its financial foundation and fuel growth.
Commenting on the year’s achievements, Jio Financial Services’ Managing Director and CEO Hitesh Sethia said, “The year was defined by swift product launches, strengthening distribution across key markets, and rapid growth in the JioFinance app’s user base.” He further highlighted the company’s strategy for FY26, emphasizing the use of integrated data systems and AI-powered analytics to build on current momentum and improve service delivery across customer segments.
Financial Performance and First-Ever Dividend Announcement
Jio Financial Services also posted robust financial results for the fourth quarter of FY25. The company’s total income stood at ₹518 crore, reflecting a 24% year-on-year increase. Pre-provision operating profit came in at ₹374 crore, up 18% year-on-year, while profit after tax (PAT) reached ₹316 crore for the quarter.
Adding to the good news for investors, the RIL-promoted firm declared its maiden dividend. Shareholders will receive a 5% cash dividend, amounting to ₹0.50 per share at a face value of ₹10. The dividend will be distributed to shareholders whose names appear in the company’s records on a date to be announced later. Jio Financial Services currently has 49,78,984 shareholders eligible for the payout.
This milestone-laden quarter underscores Jio Financial Services‘ ambitious journey to reshape India’s NBFC landscape through aggressive growth, innovation, and customer-centric financial solutions.
