Jio Platforms Q2 profit rises 13.7% to Rs 8,389 crore in first results after listing
Jio Platforms Q2 results: net profit rose 13.7% to Rs 8,389 crore and revenue 11.4% to Rs 40,475 crore in its first quarter after listing.
Jio Platforms Q2 results are its first since listing. The telecom and digital arm backed by Reliance Industries posted a 13.7% year-on-year rise in consolidated net profit attributable to owners to Rs 8,389 crore for the July–September quarter (Q2FY27).
Jio Platforms Q2 results: revenue and EBITDA
Revenue from operations climbed 11.4% to Rs 40,475 crore, compared with Rs 36,332 crore a year ago. Growth came from new subscribers, higher earnings from broadband and digital services, and a small increase in average revenue per user (ARPU).
Operating performance was stronger than the top line. EBITDA rose about 17% to Rs 21,879 crore, helped by revenue growth and operating leverage. On a sequential basis, profit was up from Rs 7,764 crore in the June quarter.
The results come right after a strong market debut. Jio Platforms listed on Wednesday and closed nearly 27% above its IPO price of Rs 1,119, making it India’s second most valuable listed company by market value. On Friday, the stock ended 0.57% higher at Rs 1,431.20 on the BSE.
Management said it sees room to add around 340 million mobile broadband users and plans a selective, asset-light approach to growing overseas.
Key numbers
- Net profit: Rs 8,389 crore (+13.7% YoY)
- Revenue from operations: Rs 40,475 crore (+11.4% YoY)
- EBITDA: Rs 21,879 crore (about +17% YoY)
- IPO price: Rs 1,119; Friday close: Rs 1,431.20
See the Jio Platforms IPO details and more quarterly results news on ArthaWire.
📅 Jio Platforms IPO: dates, price band, lot size and live subscription on our IPO details page.
Frequently asked questions
What were Jio Platforms' Q2 FY27 results?
Net profit rose 13.7% year-on-year to Rs 8,389 crore and revenue from operations grew 11.4% to Rs 40,475 crore.
How did Jio Platforms shares do after listing?
The stock closed nearly 27% above its IPO price of Rs 1,119 on listing day and ended at Rs 1,431.20 on the BSE on Friday.
This article is a summary for information only and is not investment advice. Figures are as reported by the sources above; please verify with the original filing or report before making any decision.
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