Debasis Mohapatra
Bengaluru, 31 October 2026
After a healthy market debut, Jio Platforms – the flagship telecom arm of Reliance Industries- posted a net profit of Rs 8,389 crore during the second quarter of FY27, an increase of 14 per cent over the same period of last fiscal year.
The telecom giant reported a revenue of Rs 40,475 crore during this period, an increase of 11.4 per cent over the same period of last fiscal year.
The company posted an EBITDA margin of 54.1% in Q2 of FY27, an increase of 2.5% over the same period of last fiscal year.
The profit margins also expanded 40 basis points to 20.7% in Q2 of FY27 in comparison to 20.3% in the same period a year earlier.
Jio Platforms’ average revenue per user (ARPU) increased to Rs 218.8 in the September quarter, in comparison to Rs 215.60 per user levels in the first quarter of FY27.
“ARPU increased further to ₹218.8 with promotional schemes for fixed broadband customers offsetting better subscriber mix and increased usage,” the company said in an exchange filing.
On the subscriber front, Jio’s 5G subscriber base increased to 300 million users as of September 2026, up 66 million over the last 12 months. Similarly, total fixed broadband subscribers stood at 30 million in July-September period, with 7.3 million additions over the last 12 months.
