Key Highlights:
- Promoter stake to rise from 47.12 percent to 54.19 percent after infusion.
- Jio Financial acquires full ownership of Jio Payments Bank.
- Q1 FY26 profit rises 4 percent to Rs 325 crore.
Mumbai: Billionaire Mukesh Ambani and his promoter group will invest Rs 15,825 crore in Jio Financial Services Ltd (JFSL) to strengthen its financial position and expand its operations. This move will increase their stake in the company from 47.12 percent to 54.19 percent.
The company board approved this in a meeting held on Wednesday. The money will be raised through the preferential issue of 50 crore convertible warrants, priced at Rs 316.50 each. These warrants can later be converted into equity shares of the company.
Breakdown of Shareholding Post-Investment
Two of Ambani’s group companies will see an increase in their stakes:
- Sikka Ports & Terminals Ltd will go from 1.08 percent to 4.65 percent.
- Jamnagar Utilities & Power Pvt Ltd will rise from 2.02 percent to 5.52 percent.
This strategic move ensures that the promoter group will have greater control and stability in Jio Financial Services.
Steady Financial Growth in Q1
JFSL reported a 4 percent rise in net profit, reaching Rs 325 crore in the April-June 2025 quarter, compared to Rs 313 crore a year ago.
- Total income increased to Rs 619 crore, from Rs 418 crore.
- Interest income more than doubled to Rs 363 crore, from Rs 162 crore.
However, expenses also jumped to Rs 261 crore, compared to Rs 79 crore in the same period last year.
Jio Payments Bank Now Fully Owned
During the quarter, JFSL bought 7.9 crore equity shares of Jio Payments Bank Limited (JPBL) from State Bank of India for Rs 104.54 crore, giving it full ownership.
This acquisition was effective from June 18, 2025, and adds to JFSL’s growing portfolio in digital banking and financial technology.
About Jio Financial Services
JFSL was created after being spun off from Reliance Industries Ltd. It works in areas like:
- Investing and lending
- Insurance broking
- Payment banking
Payment gateway services
With this large capital boost and full ownership of JPBL, JFSL is gearing up to compete strongly with other major financial services players in India.
