Jio Platforms Q2 results: net profit rises 13.7% to Rs 8,389 crore

Jio Platforms Limited reported a consolidated net profit attributable to its owners of Rs 8,389 crore for the quarter ended 30 September 2026, up 13.7% from Rs 7,379 crore a year earlier, according to its filing with the National Stock Exchange. Revenue from operations rose 11.4% to Rs 40,475 crore. These are the company's first quarterly results since its shares were listed on 28 October 2026.

What Happened

The board of directors approved the unaudited consolidated and standalone results on 30 October 2026, and the statutory auditors carried out a limited review, the filing shows. All figures below are consolidated.

Revenue from operations of Rs 40,475 crore compares with Rs 36,332 crore in the September 2025 quarter and Rs 39,173 crore in the June 2026 quarter, a rise of 11.4% year on year and 3.3% quarter on quarter. Net profit attributable to owners of Rs 8,389 crore compares with Rs 7,379 crore a year earlier and Rs 7,765 crore in the June quarter, a rise of 13.7% year on year and 8.0% quarter on quarter.

For the half year ended 30 September 2026, revenue from operations was Rs 79,648 crore against Rs 71,364 crore a year earlier, up 11.6%, and net profit attributable to owners was Rs 16,154 crore against Rs 14,494 crore, up 11.5%. Basic earnings per share for the quarter were Rs 9.38, against Rs 8.25 a year earlier.

The filing's notes say the company issued 27 crore new equity shares in its initial public offer at Rs 1,119 each, and that gross proceeds, after an employee discount of Rs 54 a share, came to Rs 30,188 crore. Of the net proceeds, Rs 27,500 crore has been used to prepay, in full or in part, certain external commercial borrowings of its subsidiary Reliance Jio Infocomm Limited, the notes say, with the balance to go to general corporate purposes as set out in the prospectus.

What It Means

For shareholders who bought in the offer, this filing gives the first look at the listed company's quarterly numbers. Profit grew faster than revenue over the year, and both rose from the June quarter. The notes say the group is mainly engaged in digital services and reports a single business segment.

Source: NSE filing: Jio Platforms Q2 FY27 financial results