Jio Platforms Q2 Profit Rises 14% YoY To ₹8,387 Cr, Revenue Up 11%

Jio Platforms, recently listed, disclosed a 14% year-on-year rise in net profit for Q2 FY27, amounting to ₹8,387 Cr, compared to ₹7,379 Cr in the corresponding quarter of the previous year. Sequentially, the net profit saw an 8.0% increase from ₹7,764 Cr in Q1 FY27. The company's operating revenue grew by 11.4% YoY and 3.3% quarter-over-quarter to ₹40,475 Cr in the reviewed quarter. Other income of Jio Platforms surged by 49.5% YoY to ₹978 Cr. When combined, total income reached ₹41,453 Cr, up from ₹36,986 Cr in Q2 FY26.

However, total expenses climbed by 11.6% YoY to ₹30,194 Cr. Network operating expenses, the largest expense category, increased 3.3% from ₹8,528 Cr to ₹8,813 Cr. The company paid ₹2,872 Cr in tax expenses for Q2, of which ₹30 Cr was for current tax and ₹2,842 Cr was for deferred tax. With no exceptional items affecting the results, the company's total comprehensive income for the quarter stood at ₹8,509 Cr.