MAM
TVS Group’s ‘Miss.Represent’ campaign is set to transform the auto industry
Mumbai: TVS Group, a pioneering force in the automotive industry, is proud to announce a ground-breaking campaign addressing gender equality within our society. This initiative is born from TVS Group’s unwavering commitment to fostering an inclusive workforce, recognising that diversity enhances creativity, fuels innovation, and propels overall corporate excellence.
Research studies suggested by Science Magazine and the Fawcett Society have underscored a notable gender disparity within the automotive industry, with a distinct underrepresentation of women in critical roles. When investigating this issue, it was evident that the origins of this inequality can be traced back to early childhood. The images and messages encountered during these formative years play a crucial role in shaping aspirations. Notably, the prevalent use of Occupation Charts in schools predominantly features male figures in esteemed professions, inadvertently conveying that specific careers are primarily reserved for men. This early misrepresentation perpetuates a skewed perception of possibilities among young girls, steering them away from envisioning a future within these fields.
The campaign has been devised by FCB Kinnect.
In response, TVS Group has taken a pioneering step by launching an initiative that addresses this issue at its core, guided by the belief that empowering the girls of today will lead to the emergence of empowered women of tomorrow. TVS Group is actively dismantling the barriers that have historically hindered women’s active participation in the automotive industry by directing efforts towards inspiring young girls. The rationale is straightforward: TVS Group recognises that by nurturing the potential of young girls today, they are fortifying the foundation for a more robust and diverse workforce that will shape the industry’s landscape tomorrow. As a part of this visionary initiative, TVS Group will introduce a comprehensive series of interactive workshops, mentorship programs, and awareness campaigns tailored for schools and educational institutions.
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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.
