Jio Platforms, which houses Reliance Industries‘ (RIL) telecom & digital services business, on Friday reported a 13% year-on-year jump in its March quarter consolidated net profit at Rs 7,935 crore versus Rs 7,022 crore in the year-ago period. The company reported Q4FY26 revenue of Rs 38,259 crore, which was up by 13% over Rs 33,986 crore posted in the corresponding quarter of the previous financial year.

Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 20,060 crore, up 18% over Rs 17,016 crore reported in the year-ago period.

Jio’s Average Revenue Per User (ARPU) stood at Rs 214, up 3.8% from Rs 206.2 reported in the same period in the last fiscal year.

The EBITDA Margin in the quarter under review stood at Rs 52.4%, up 230 bps compared to 50.1% in the year-ago period.

The company said that its sustained double-digit revenue growth was driven by organic ARPU growth with improving subscriber mix in mobility, scale-up of home connects and growth in digital services.

Also read: Reliance Industries Q4 Results: Profit falls 13% YoY to Rs 16,971 crore; revenue rises 13%

Meanwhile, a robust EBITDA growth was on account of revenue increase and strong operating leverage, driving a 190 bps expansion in margins.Jio’s depreciation rose 15% YoY to Rs 7,156 crore compared to Rs 6,206 crore in the same period last year, led by higher network utilisation and addition to the gross block.

The company’s customer base stood at 524.4 million in Q4FY26 versus 488.2 million in Q4FY25, up 7.4%. Per capita data consumption was 42.3 GB/ month with total data traffic growth of 35% YoY during 4QFY26. The monthly churn was stable at 1.7% with net subscriber addition of 9.1 million during the quarter.

Also read: Reliance Retail Q4 Results: Cons PAT rises marginally YoY to Rs 3,563 crore; revenue up 11%

Jio IPO

Commenting on Jio Platforms’ listing, Chairman & Managing Director Mukesh Ambani said the company continues to transform India’s digital landscape. “I am happy to note that we are advancing steadily towards the listing of Jio Platforms. This will mark a defining milestone in its journey as it continues to scale new heights and contribute to India’s digital future,” he added.

Management commentary

Chairman of Reliance Jio Infocomm, Akash M Ambani, said, “Jio played a crucial role in connecting India to the Internet era and with over 524 million subscribers across India, is now positioned as the digital gateway to the Intelligence era. Jio’s state-of-the-art connectivity and edge compute infrastructure make it the principal gateway through which AI services reach Indian consumers, households and businesses. This will sustain Jio’s industry-leading growth for many years to come.”

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