Jio Financial’s Q1 profit grew 3.83% as promoters plan to raise stake via warrants, signaling a stronger commitment.

• Warrants priced at Rs 316.50 each allow conversion into shares within 18 months; unconverted ones will be forfeited.
• Promoter stake may rise from 3.10% to 10.17% post full conversion, boosting long-term confidence in the company.
• Q1 FY26 total income surged 48.09% YoY to Rs 418 crore; PBT rose 4.5% to Rs 419 crore.