Jio Platforms, the telecom and digital services arm of Reliance Industries (RIL), reported a solid performance for the March quarter, posting a 13 per cent year-on-year rise in consolidated net profit at Rs 7935 crore. This compares with Rs 7,022 crore recorded in the same period last year.
Revenue for the fourth quarter of FY26 came in at Rs 38,259 crore, marking a 13 per cent increase over Rs 33,986 crore reported in the corresponding quarter of the previous financial year. The company’s operating performance remained strong, with EBITDA climbing 18 per cent year-on-year to Rs 20,060 crore, up from Rs 17016 crore.
Jio’s average revenue per user (ARPU) improved modestly during the quarter, rising 3.8 per cent to Rs 214 from Rs 206.2 a year earlier. EBITDA margins also saw a notable expansion, coming in at 52.4 per cent, up 230 basis points compared to 50.1 per cent in the year-ago period.
The company attributed its sustained double-digit revenue growth to steady gains in ARPU, a better subscriber mix in the mobility segment, continued expansion of home broadband connections, and growing traction in digital services. Strong operating leverage, combined with higher revenues, supported EBITDA growth and led to a margin expansion of 190 basis points.
Depreciation expenses increased 15 per cent year-on-year to Rs 7,156 crore, compared to Rs 6,206 crore in the same quarter last year. This rise was primarily due to higher network utilisation and ongoing investments in infrastructure.
On the subscriber front, Jio’s total customer base stood at 524.4 million at the end of Q4FY26, up 7.4 per cent from 488.2 million a year ago. Average data consumption per user reached 42.3 GB per month, while overall data traffic grew 35 per cent year-on-year during the quarter. Monthly churn remained stable at 1.7 per cent, with net subscriber additions of 9.1 million.
Commenting on the company’s progress, Reliance Industries Chairman and Managing Director Mukesh Ambani said Jio continues to play a transformative role in India’s digital journey. He noted that the company is moving steadily towards its listing, which he described as a significant milestone in its growth story.
