Economy

Jio Platforms net profit rises 9.2 pc to Rs 7,764 cr in Q1

Editorial1 min read
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Jio Platforms net profit rises 9.2 pc to Rs 7,764 cr in Q1

**EDS: THIRD PARTY IMAGE** In this screengrab from a video posted on June 19, 2026, Reliance Industries Chairman Mukesh Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra. (@RelianceUpdates/YT via PTI Photo)(PTI06_19_2026_000312B)

Editorial

New Delhi, Jul 17 (PTI) Jio Platforms on Friday reported a 9.2 per cent increase in profit after tax to Rs 7,764 crore in the first quarter ended June 2026, driven by sustained gains in subscriber market share, ARPU and sale of digital services. Jio Platforms (JPL), which houses digital and telecom businesses, had posted profit after tax (PAT) of Rs 7,110 crore a year ago. JPL revenue from operations during the quarter increased by 11.8 per cent to Rs 39,173 crore from Rs 35,032 crore in the June 2025 quarter. Its average revenue per user (ARPU) increased by 3.3 per cent to Rs 215.6 on a better subscriber mix and positive seasonality, partly impacted by promotional schemes for fixed broadband customers. The company had recorded an ARPU of Rs 208.8 a year ago. Its customer base increased by 7.1 per cent year-on-year to 53.3 crore from 49.8 crore in the June 2026 quarter. PTI ANK PRS MBI PRS BAL BAL

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