Brands
Honda shifts gears with launch of ‘Myhonda-India’ all-in-one mobile app
MUMBAI: Honda Motorcycle & Scooter India (HMSI) has launched ‘Myhonda-India,’ a one-stop mobile application designed to transform how customers connect with the brand.
The platform, available on both Android and IOS, is pitched as more than just an app. It serves as a digital companion across the ownership journey, from browsing models and booking test rides to managing service schedules and tracking maintenance in real time.
The app integrates ‘Honda One ID,’ a unified system that brings all sales, service, and ownership needs under one roof. Riders can explore Honda’s full line-up, compare models, access finance options, and even receive instant updates and festive offers. Post-purchase, customers can use the app to store documents, consult digital manuals, book appointments, and locate nearby dealerships or petrol pumps with ease.
“Honda is committed to elevating the customer experience,” said HMSI, director, sales and marketing,Yogesh Mathur. “With ‘Myhonda-India,’ we are offering transparency, convenience, and personalised engagement. This app empowers users to make informed decisions and stay connected with the brand every step of the way.”
Beyond convenience, the app also serves as a bridge for customer engagement, featuring safety updates, health and environment initiatives, and personalised greetings, all designed to foster stronger relationships with riders.
With this digital leap, HMSI is not just selling scooters and motorcycles, but also streamlining ownership into a seamless, connected experience: putting the showroom, service centre, and more, right in the rider’s pocket.
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.
