Jio PAT rises 3.78% in Q2

RELIANCE INDUSTRIES SUBSIDIARY Jio Platforms (JPL) on Friday posted a 3.78% rise in its net profit during the September quarter on the back of sequential rise in average revenue per user (Arpu) and uptick in data consumption.

- URVI MALVANIA Mumbai, October 17

JPL's consolidated net profit in Q2FY26 rose to 7,379 crore from ₹6,539 crore in the second quarter of the previous fiscal, the company said. The company's net profit stood at ₹7,110 crore in the April-June period.

The revenue rose 3.71% to ₹36,332 crore from 35,032 crore in the preceding quarter, driven by strong subscriber growth momentum across mobility and home broadband businesses, increased customer engagement and growth in digital services business.

JPL's Ebitda rose 3.43% o-q at 18,757 crore from ₹18,135 crore in Q1FY26 on account of strong revenue growth. Ebitda margin at 51.6% was down 20 basis points (bps) sequentially, and up 140 bps y-o-y.

The firm's revenue came in ahead of analyst forecast of ₹31,900 crore. PAT and Ebitda also exceeded analyst estimates.