Jio Financial Services (NSE:JIOFIN) Tax Expense: ₹3,508 Mil (TTM As of Mar. 2026)


NSE:JIOFIN Jio Financial Services Ltd NSE:JIOFIN
61 GF Score
Price ₹243.07
GF Value ₹800.16
Valuation Possible Value Trap
! 4 Warning Signs
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What is Jio Financial Services Tax Expense?

Jio Financial Services NSE:JIOFIN +1.28% 61 Tax Expense is ₹3,508 Mil as of Mar. 2026. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹800.16 (Possible Value Trap). The stock has 4 warning signs investors should review.

Jio Financial Services's tax expense for the months ended in Mar. 2026 was ₹663 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹3,508 Mil.


Jio Financial Services  (NSE:JIOFIN) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Jio Financial Services Tax Expense Related Terms


Jio Financial Services Tax Expense Historical Data

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The historical data trend for Jio Financial Services's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jio Financial Services Tax Expense Chart

Jio Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 180.90 3,513.40 3,343.20 3,507.60

Jio Financial Services Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 797.00 943.10 880.30 1,021.10 663.10
NSE:JIOFIN
61GF Score
Jio Financial Services Ltd NSE:JIOFIN
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Jio Financial Services Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,508 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹3,508 Mil mean?
Jio Financial Services (NSE:JIOFIN) has a Tax Expense of ₹3,508 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Jio Financial Services and its competitors.
Is Jio Financial Services' Tax Expense too high?
Jio Financial Services' current Tax Expense is ₹3,508 Mil. Overall, Jio Financial Services has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' Tax Expense compare to BLK and BX?
Jio Financial Services' Tax Expense of ₹3,508 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Asset Management company?
A good Tax Expense depends on the Asset Management industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Jio Financial Services and its competitors. Jio Financial Services's current Tax Expense is ₹3,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹800.16, compared to a current price of ₹243.07 — trading 69.6% below its estimated fair value. The current Tax Expense is ₹3,508 Mil. Jio Financial Services' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Jio Financial Services (NSE:JIOFIN), the current Tax Expense is ₹3,508 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued. The current stock price of ₹243.07 is trading 69.6% below its estimated GF Value™ of ₹800.16. GuruFocus considers Jio Financial Services to be Possible Value Trap.

Key valuation signals for NSE:JIOFIN:

  • Tax Expense: ₹3,508 Mil
  • GF Value™: ₹800.16 vs. price of ₹243.07 (69.6% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the NSE:JIOFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jio Financial Services Business Description

Other Exchanges 543940:India
Address Bandra Kurla Complex, 1st Floor, Building 4NA, Maker Maxity, Bandra East, Mumbai, MH, IND, 400051
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
61GF Score

Get the complete analysis for NSE:JIOFIN

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹243.07
Price
₹800.16
GF Value