Jio Financial Services share price falls 3% after Q4 results 2026. Should you buy, sell or hold?

Jio Financial Services' share price fell over 3% in Monday's trading session after the company posted a 14% drop in its consolidated net profit for the quarter ended March 31, 2026.

The Reliance Group stock opened at ₹242 apiece today, as compared to the previous close of ₹243.86 on Friday. At 9:35 am, the stock touched an intraday low of ₹236.64 per share.

Jio Financial Services Q4 results 2026

Jio Financial reported a 14% year-on-year (YoY) drop in its consolidated net profit to ₹272.22 crore for Q4 FY26, compared with ₹316.11 crore in the corresponding quarter last year.

The company reported a 106% YoY surge in revenue to ₹1,018.51 crore, up from ₹493.24 crore in the same quarter of the previous fiscal year.

Operating expenses also climbed sharply to ₹720 crore, compared to ₹168.66 crore in the corresponding period last year.

Alongside its fourth-quarter results, the company’s board also declared a dividend of ₹0.60 per share.

In FY26, Jio Credit’s assets under management surpassed ₹25,000 crore, while Jio Payment Solutions recorded a total payment value of over ₹50,000 crore.

Jio Payments Bank Limited’s deposits rose to ₹544 crore, marking an 84% YoY increase. Meanwhile, JioBlackRock Asset Management reported assets under management exceeding ₹15,200 crore at the close of FY26, a milestone reached within just nine months of its launch, according to the company’s earnings filing.

“As we enter FY27, we look forward to building further on this formidable foundation. We remain committed to growing sustainably and responsibly, ensuring we continue to deliver long-term value to our shareholders, while serving as a trusted partner in India’s economic journey,” said Hitesh Sethia, Managing Director and CEO, Jio Financial Services Limited.

Jio Financial Services share price - Should you buy or sell?

Brokerage firm Motilal Oswal has reiterated its ‘buy’ rating on Jio Financial Services stock with a target price of ₹315 apiece, saying that SoTP does not factor in valuation from businesses like insurance manufacturing, wealth management, broking, and marketplace, which are still in their incubation phase.

“JIOFIN offers a compelling long-term runway for growth, supported by the breadth of its financial services platform and multiple embedded value-creation levers. While current valuations reflect a part of the medium-term growth potential, we believe they do not fully capture the scale opportunity across lending, asset management, insurance, and digital financial services as these businesses transition from incubation to meaningful profitability,” the firm said.

Meanwhile, Anshul Jain, Head of Research at Lakshmishree, said that Jio Financial Services appears to be forming a 52-week double-bottom pattern on weekly charts, pointing to a possible medium-term trend reversal.

“Rising volumes in the current session suggest renewed investor interest, reinforcing the development of a higher low on the daily chart. The price action is gradually transitioning from a distribution phase to accumulation. Immediate resistance is seen around the 50-day EMA near 248, which remains a crucial breakout level,” Jain said.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.