Jio Platforms has announced its first quarterly results since listing, marking a significant milestone for India’s leading telecom and digital services company. The firm reported gross revenue of ₹47,485 crore, higher than ₹45,961 crore in the previous quarter and ₹42,652 crore a year earlier, showing consistent growth across operations.
Operating revenue stood at ₹40,475 crore, rising from ₹39,173 crore quarter on quarter and ₹36,332 crore year on year. Net profit reached ₹8,389 crore, up 13.7% annually. EBITDA stood at ₹21,879 crore, reflecting a 16.6% increase year on year, with margins expanding to 54.15%. The average revenue per user improved to ₹218.80 compared with ₹215.60 last quarter and ₹211.40 last year, supported by higher data usage and premium service adoption.
The subscriber base crossed 542 million, adding nearly 36 million users over the past year. Net additions in the quarter were 9.1 million, while churn remained stable at 1.6%. Data usage per capita rose to 44.2 GB per month, driving total traffic growth of 22.1% year on year.
Following its blockbuster listing, Jio Platforms has become India’s second most valuable listed company, with shares debuting at a 21% premium and closing nearly 27% higher than issue price. The results highlight Jio’s strong financial performance, subscriber growth and digital leadership, reinforcing its position as a telecom and technology powerhouse in India.
