Reliance Jio Q1 results: In the quarterly results today, Reliance Industries reported the earnings for the first quarter of the financial year 2026-27 for Jio Platforms Limited, which houses the conglomerate’s telecom and digital services business. Jio Platforms reported a 9 per cent year-on-year increase in its net profit to Rs 7,764 crore in the April-June quarter of FY27. The PAT stood at Rs 7,110 crore in the same period of the last financial year.
The company’s revenue from operations in the reporting quarter rose nearly 12 per cent YoY to Rs 39,173 crore from Rs 35,032 crore posted in the same quarter of the previous financial year.
Average Revenue Per User (ARPU) stood at Rs 215.6 in Q1 FY27, rising from Rs 208.8 reported in the same period in the last fiscal year, and Rs 214 reported in Q4 FY26.
The company’s EBITDA increased over 15 per cent YoY to come in at Rs 20,865 crore, while the EBITDA margin improved 150 bps to 53.3 per cent in the April-June quarter of FY27.
- Quarterly Revenue at Rs 45,961 crore, up 12.0% YoY
- Record Quarterly EBITDA at Rs 20,865 crore, up 15.1% YoY
- Record EBITDA margin at 53.3%, up 150 bps YoY
- Digital Services growth of 20% YoY driven by Content, Cloud Compute, IoT and Managed Services; double digit Connectivity growth at 11% YoY
- Industry leading 5G and Fixed Broadband additions with over 73 million and 8.6 million net additions respectively, in last 12 months
- Total subscriber base of over 533 million including 285 million 5G subscribers
- Increasing Customer engagement with 26.9% YoY growth in data traffic to 69 Exabytes
- JPL emerged as one of the fastest rising innovators globally as per PCT Rankings of WIPO
Quarterly Performance (1Q FY27 vs 1Q FY26)
- Operating revenue increased 11.8% Y-o-Y driven by continued gains in subscriber market share, organic ARPU growth and scale up of digital services.
- EBITDA increased by 15.1% Y-o-Y driven by strong double digit revenue growth and margin expansionof 150 bps.
- PAT increased 9.2% YoY with EBITDA growth offset by higher finance costs and depreciation charge due to 5G asset capitalisation.
- ARPU increased further to Rs 215.6 with better subscriber mix and positive seasonality partly impacted by promotional schemes for fixed broadband customers.
- Per capita data consumption was 43.7 GB/month with total data traffic growth of 26.9% Y-o-Y during 1Q FY27.
- Monthly churn improved further to 1.6% with net subscriber addition of 8.9 million during the quarter.
