Jio Financial Rockets Past Rs 10,000 Crore AUM—A Fintech Powerhouse Unleashed!

Jio Financial Services Limited (JFSL) has posted a milestone performance for FY25, with Assets under Management (AUM) reaching Rs. 10,053 crore as of March 31, 2025—a staggering increase from last year's Rs. 173 crore. The Pre-Provision Operating Profit (PPoP) for the year was at Rs. 1,594 crore, reflecting strong operating traction.

 

Total revenue in FY25 amounted to Rs. 2,079 crore, a 12% year-on-year growth, and profit after tax was Rs. 1,613 crore. JFSL's speedy growth was fueled by a fast-paced rollout of varied products and services, such as loans, digital gold, investment tracking, savings accounts, and insurance, catering to customers' fundamental financial requirements.

 

The JioFinance app became very popular, with 8 million monthly active users as of March 2025, while Jio Finance Limited created a physical presence in 10 Tier-1 cities. Jio Payments Bank extended its presence to more than 14,000 business correspondents and 2.31 million customers.

 

To drive further growth, JFSL invested Rs. 1,346 crore in group companies and declared a dividend of Rs. 0.50 per share. The company's digital-first approach and data intelligence engine place it to continue leading the financial services business in India.

 

Source: Deccan Chronicle, BSE India