Jio Platforms' shares climb over 3% post Q2 earnings

Jio Platforms' shares surged more than 3% on Monday following the company's announcement of a 13.7% increase in consolidated net profit for the September 2026 quarter. The stock rose by 3.14% to ₹1,476.15 on the BSE and by 3% to ₹1,475 on the NSE. The financial performance was primarily driven by a rise in subscriber numbers, higher revenue per user, and strong growth in digital services.

Jio Platforms reported a 13.7% rise in consolidated net profit to ₹8,389 crore for the quarter, with total revenue from operations growing by 11.4% to ₹40,475 crore. This marks the company's first results announcement since its highly successful stock market debut last week, when its shares closed nearly 27% above the issue price.