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Jio Financial to aggressively grow market share, says MD

Financial Express Chandigarh

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August 29, 2025

JIO FINANCIAL SERVICES aims to be a leading, full-stack financial services institution with significant market share, Hitesh Sethia, managing director and CEO, said at the annual general meeting on Thursday.

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"The company is in a strategic build-out phase at the moment with diverse businesses which are either being scaled up or newly incubated," he said.

Sethia said the steady increase in income from business operations is a key monitorable. This increased to around 40% of consolidated total net income in Q1FY26, from nearly 12% in the year-ago period.

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