Jio Platform reported a consolidated net profit of Rs 8,389 crore in the second quarter of the current financial year (Q2FY27), increasing 13.68 per cent from Rs 7,379 crore recorded in the same quarter a year ago. Its profit after tax (PAT) rose 8 per cent on a quarter-on-quarter (QoQ) basis, compared to Rs 7,765 crore.
Its revenue from operations came in at Rs 40,475 crore, rising 11.4 per cent in Q2 FY27 from Rs 36,332 crore in the same quarter a year back. Sequentially, its revenue grew 3.3 per cent to Rs 39,173 crore.
The company’s revenue from operations stood at Rs 1.47 lakh crore in FY26, rising 14.56 per cent YoY from Rs 1.28 lakh crore in FY25. In Q1 FY27, its revenue reached Rs 39,172.9 crore.
The comany has not announced any dividend in Q2 FY27. It also mentioned in its DRHP that there is uncertainty over a potential dividend announcement .
In its Red Herring Prospectus (RHP), Jio Platforms disclosed that it had not paid any dividend in the last three years. The document also stated that there was no guarantee the company would pay a dividend in the future.
“In terms of the Dividend Policy, the declaration and payment of dividend (including interim dividend), if any, will be at the discretion of the Board and will depend on a number of internal and external factors,” the RHP said.
Jio Platforms listing details
Jio Platforms made a debut on bourses, with shares listing at a premium of more than 21 per cent to the issue price of Rs 1,119 per share. The stock was listed at Rs 1,358 on the NSE. The shares closed their first trading day at Rs 1,419 on both the exchanges, 26.81 per cent higher than the issue price. This marks a key milestone for India’s largest-ever IPO.
Jio Platforms raised a sum of Rs 30,187.65 crore, which saw 22.19 times subscription. On day one, it was fully subscribed in just 100 minutes.
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