Jio Platforms’ first post-listing results: User growth, higher ARPU drive 13.7% profit rise in Q2
The digital and telecom company's consolidated revenue from operations rose 11.4% to Rs 40,475 crore during the quarter under review.
Jio Platforms announced a 13.7% increase in consolidated net profit to Rs 8,389 crore for the September 2026 quarter, bolstered by subscriber growth, higher per-user revenue, and expanding digital services. The telecom and digital company's first-quarter earnings since its listing show an 11.4% surge in revenue to Rs 40,475 crore.
Launching the results call, Managing Director Akash Ambani highlighted the company's 5G network and expanding broadband and digital services as key strengths. The enterprise segment, including small and medium businesses, is expected to be a major growth opportunity. Net debt decreased by 78.6% to Rs 8,822 crore. The company's subscriber base grew by 7.1% to 54.24 crore, with ARPU rising to Rs 218.8 from Rs 211.4.
5G subscribers exceeded 30 crore, accounting for nearly 56% of total wireless traffic. The fixed broadband subscriber base reached 3 crore. Jio AirFiber contributed to more than 75% of fixed broadband additions in the past year.
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