Jio Platforms Q2 net profit jumps 13% to Rs 7,379 Cr on higher user revenue

Jio Platforms Limited has reported a 12.8 per cent year-on-year rise in its consolidated net profit at Rs 7,379 crore for the July-September quarter of 2025-26, driven by a rise in average revenue per user and higher traction in fixed wireless access service JioAirFiber.

The revenue from operations of Jio Platforms, which houses Reliance Industries' telecom and digital businesses, rose 14.6 per cent to Rs 36,332 crore in the September quarter compared to Rs 31,709 crore in the year-ago period.

The gross revenue stood at Rs 42,652 crore in the quarter, up by 14.9 percent compared to the corresponding period of the previous year.

Average revenue per user (ARPU), a key metric for telcos, increased by 8.4 per cent to Rs 211.4 during the reported quarter from Rs 195.1 a year ago.

"Digital services business continues to scale up with positive momentum in subscriber addition across homes and mobility services, driven by Jio's network and technology leadership. We continue to augment our capabilities with pioneering systems and platforms, ensuring the benefits of an ever-evolving technology landscape for all Indians," Reliance Industries Limited Chairman and Managing Director Mukesh D Ambani said in a statement.

The company reported a total subscriber base of over 50.6 crore comprising over 23.4 crore 5G users, around 2.3 crore fixed broadband connections and around 95 lakh JioAirFiber Homes.

"Jio has proudly served over 500 million subscribers addressing multiple digital needs of their everyday life. This has been possible due to Jio's deep-tech initiatives which have sparked India's technological revolution," Reliance Jio Infocomm Chairman Akash M Ambani said.

The telecom arm of Jio Platforms, Reliance Jio, posted around 12 per cent increase in net profit at Rs 6,972 crore during the reported quarter from Rs 6,231 crore in the year-ago period.

Revenue from operations of Reliance Jio increased by 12.4 per cent to Rs 31,857 crore from Rs 28,338 crore in the September quarter last year.

"There was a net addition of 8.3 million (subscribers) in this quarter. We are seeing fairly sustained growth there. ARPU at Rs 211.4. The increase from Rs 195 to Rs 211 is post the tariff hike of last year. This impact really has been coming mostly out of increased usage plus some of the 5G upgrades that people are doing as we keep nudging consumers to move to higher unlimited 5G plans," Jio, Head of Strategy, Anshuman Thakur said during the earnings call.

He said the company's deployment of 5G standalone network is helping in monetising some of the services that Jio has launched, and others will get monetised over a period of time.

He also said the company has done partnerships with device makers to bring more devices at different price points in the 4G and 5G segments.

"We are still trying to penetrate, convert almost 225 million or maybe 215 million 2G users and upgrade them," Thakur said.

Also Read

With Reliance Jio by its side, Accops is rewriting India’s cybersecurity playbook

Jio added over 10 lakh new homes each month, taking the total connected premises to about 2.3 crore with fixed broadband. JioAirFiber reported a subscriber base of 95 lakh, with the pace of connecting over 10 lakh new homes every month.

The data consumption on the Jio network increased to 38.7 GB per month per person from 31 GB a year ago.

Thakur said the company has indigenously built its own proprietary 5G stack and fixed wireless technology, and is now working at a significant global scale.

"3,400 plus patent applications across 5G and 6G where we are among the top leaders now across international forums. We have built several digital services for India at scale and not only built but deployed and people are enjoying those services and those platforms, enterprises are using those platforms at scale," he said.

Thakur said the company has adopted the OneJio approach, a combination of both connectivity and products, for the enterprises.

"Our focus is getting more revenue pools coming in from the enterprises beyond connectivity. Almost all, it's not yet 100 percent, but almost all of our large enterprise customers are taking more than one service from us," he said.