Jio Financial Q3 net profit drops 9% year-on-year despite doubling revenue. Jio Financial Q3 Net Profit Falls 9% YoY Despite Revenue Doubling
** Jio Financial Services Q3FY26 Results**
Jio Financial Services reported mixed financial performance for the third quarter of fiscal year **2026**, characterized by substantial top-line growth alongside a contraction in bottom-line profitability.
Revenue from operations surged to **Rs 901 crore**, representing a significant increase of more than **100%** compared to the same period last year. This sharp rise highlights a robust expansion in the company's core operational activities and market reach.
Despite the revenue momentum, net profit experienced a year-on-year decline of **9%**. The company closed the quarter with a consolidated net profit of **Rs 269 crore**, down from the previous year's figures as the firm continues to navigate its scaling phase.