MAM
FCB Kinnect appoints Neha Mishra as chief talent officer
Mumbai: FCB Kinnect has announced the appointment of Neha Mishra as chief talent officer, a role she will also assume for FCB/SIX India. She moves from erstwhile VMLY&R, where she was chief people officer for India.
In this pivotal role, Neha will spearhead the development and execution of the agency’s talent strategy, with a focus on pioneering skill-building and talent initiatives across FCB Kinnect’s offices in Mumbai, Delhi NCR & Bengaluru. Her work will strengthen the agency’s dedication to fostering a people-centric and value-driven culture.
Her appointment is a strategic move to bolster FCB Kinnect’s dedication to fostering a collaborative environment and advancing the best talent across its diverse agency portfolio.
With over 23 years of experience, Neha has worked with companies like VML & Glitch, IL&FS, Bombay Dyeing and Birla Sun Life Insurance, among others. She is also a Clinical Psychologist by education and a certified Life & Leadership Coach.
She also transformed performance management processes into robust, technology-driven programs, and created career development opportunities to support professional growth. In her previous roles, Neha focused on enhancing workforce diversity, elevating inclusion standards, and fostering an emotionally supportive work environment.
Speaking on the appointment, FCB Kinnect & FCB/SIX India CEO Rohan Mehta said, “Neha’s depth of understanding of new-age talent practices, along with her warm and approachable demeanor will be instrumental in building a culture that is empathetic, insightful, and well-rounded. I am confident that, under Neha’s leadership, Kinnect will continue to strengthen its position as the country’s leading integrated agency, delivering world-class capabilities to its clients.”
FCB Kinnect & FCB/SIX India chief talent officer Neha Mishra added, “I deeply believe that a progressive and inclusive culture that promotes meritocracy, innovation and boldness is the bedrock of a successful organisation. I look forward to working closely with Rohan, Chandni and all kinnectors to accelerate the agency’s growth journey, with people at the heart of it all!”
Brands
Jio Financial Services posts Rs 1,560 crore FY26 profit
Revenue rises to Rs 3,513 crore as investments and lending scale up.
MUMBAI: If money makes the world go round, Jio Financial Services Limited is quietly spinning a much bigger wheel. The Reliance-backed financial arm reported a consolidated net profit of Rs 1,560.9 crore for FY26, slightly lower than Rs 1,612.6 crore in FY25, even as revenue growth gathered pace.
Total revenue from operations rose sharply to Rs 3,513.3 crore in FY26 from Rs 2,042.9 crore a year earlier, driven largely by a surge in interest income, which more than doubled to Rs 1,901.9 crore from Rs 852.5 crore. Fee and commission income also saw a significant jump to Rs 597 crore, compared to Rs 155.2 crore in FY25, reflecting expanding financial services activity.
For the March quarter, profit stood at Rs 272.2 crore, broadly flat compared to Rs 269 crore in the same period last year. Quarterly revenue from operations climbed to Rs 1,018.5 crore, up from Rs 493.2 crore year-on-year, signalling steady momentum in core income streams.
Expenses, however, moved in tandem with growth. Total costs nearly quadrupled to Rs 1,982.9 crore in FY26 from Rs 524.8 crore in FY25, with finance costs alone rising to Rs 745.1 crore from just Rs 7.7 crore a year earlier, reflecting increased borrowing and scale of operations. Employee expenses also grew to Rs 387.3 crore, while other expenses expanded to Rs 755 crore.
Profit before tax stood at Rs 1,911.7 crore for the year, slightly below Rs 1,946.9 crore in FY25. After accounting for a total tax outgo of Rs 350.8 crore, the company reported its final net profit figure.
Beyond the income statement, the balance sheet tells a story of rapid expansion. Total assets surged to Rs 1,63,497 crore as of March 31, 2026, up from Rs 1,33,510 crore a year earlier. Investments alone stood at Rs 1,33,088.7 crore, underscoring the company’s strong focus on treasury and financial asset growth.
However, the year also saw sharp volatility in other comprehensive income, which swung to a loss of Rs 16,028.3 crore, largely driven by fair value changes in equity instruments. This dragged total comprehensive income for FY26 to a negative Rs 15,756.1 crore, compared to a positive Rs 14,870 crore in FY25.
On the capital front, the company’s paid-up equity share capital remained steady at Rs 6,353.1 crore, with other equity rising to Rs 1,27,500.5 crore.
The numbers reflect a business in transition scaling rapidly across lending, investments and fee-based services, but also navigating the volatility that comes with mark-to-market movements in financial assets. In other words, while the top line is accelerating, the fine print still carries a few swings.
