Jio Q2 results: Profit jumps 14% to Rs 8,389 crore, revenue up 11.4%
In its Q2 FY27 report, Jio Platforms recorded a robust net profit increase of 13.7% year-on-year. Operational revenues surged to Rs 40,475 crore, marking an 11.4% rise. The company welcomed 9.1 million new customers, pushing its total to 542.4 million. Furthermore, average revenue per user (ARPU) improved to Rs 218.8, driven by heightened data usage, while voice traffic held steady at 1.52…
Jio Platforms reported a 14% increase in profit for the second quarter of FY27, reaching Rs 8,389 crore, while revenue from operations grew by 11.4% to Rs 40,475 crore. The company's customer base expanded to 542.4 million, with data traffic increasing by 22.1% and average revenue per user (ARPU) reaching Rs 218.8. This marks the company's first earnings announcement since its stock market debut on October 28.
The profit growth was driven by an 8% rise in net profit from the previous quarter, and a 17% increase in EBITDA year-on-year.
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