CONNECT WITH US
Tech

Tech

Jio Platforms’ first post-listing results: User growth, higher ARPU drive 13.7% profit rise in Q2

YourStory - Demo logo

Published on

Add as a preferred source on Google
Jio Platforms’ first post-listing results: User growth, higher ARPU drive 13.7% profit rise in Q2

Jio Platforms on Friday reported a 13.7% rise in consolidated net profit to Rs 8,389 crore for the September 2026 quarter, driven by subscriber gains, higher realisations per user and healthy growth in digital services.

The digital and telecom company's consolidated revenue from operations rose 11.4% to Rs 40,475 crore during the quarter under review, according to a regulatory filing.

The September-quarter scorecard is the company's first since its stellar listing earlier this week, and the earnings briefing also marks the first time Managing Director Akash Ambani addressed investors on a quarterly results call.

Commenting on the results, he said the reported quarter’s results continue to reflect the strength of the company's 5G network, and the growing reach of broadband and digital services".

"We would continue to build our capabilities across satellite communications, 6G intellectual property and AI embedded in our core voice and data services as we create lasting value for all our stakeholders," he said

During the results briefing, Ambani outlined Jio’s growth strategy ranging from international business models to opportunities in the enterprise segment by leveraging the technology stack built by the company and infrastructure laid out by it.

"Multiple growth engines across mobility, home, enterprise and international that we see. And again, we are the ones that are proving this at scale. We are the ones that have a clear path of growth and profitability improving with a very, very strong balance sheet, even before the IPO proceeds come to us,” Ambani said.

Net profit attributable to owners of the company stood at Rs 8,389 crore for the just-ended quarter against Rs 7,379 crore in the year-ago period.


Source link
Related Topics:Tech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.