Jio Platforms Reports 13% Rise in Q4 Profit, Driven by Subscriber Additions and Increased Data Usage

Jio Platforms Reports Steady Growth in Q4FY26

Mumbai: Jio Platforms, the telecom and digital services arm of Reliance Industries Ltd, reported steady growth in the January-March quarter (Q4FY26) driven by subscriber additions, higher data consumption, and continued traction in the home broadband segment.

The company's net profit rose 4% sequentially and 13% year-on-year to ₹7,935 crore during the quarter. Revenue from operations increased 2.7% quarter-on-quarter and 12.6% year-on-year to ₹38,259 crore, in-line with street estimates. Jio attributed the revenue growth to robust subscriber addition, average revenue per user (Arpu) growth year-on-year, and continued growth in digital services.

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The company's Arpu rose marginally sequentially and 3.8% YoY to ₹214 a month from ₹213.7 at the end of December. Promotional 5G offers and the absence of tariff hikes continue to restrict growth in the company's Arpu.

Reliance Jio added 9.1 million subscribers during the December quarter, taking its subscriber base to 524.4 million. The company had added 8.9 million subscribers in the preceding quarter.

For the full year FY26, the company reported a 14.7% increase in revenue from operations to ₹1.72 trillion. Its net profit for the full year was at ₹30,053 crore, a growth of 15%.

As Jio Platforms prepares to list on the stock exchanges by mid-2026, its steady performance is significant. A higher Arpu and improved profitability would make it more attractive to investors and support a higher valuation for the initial public offering (IPO). Analysts are estimating tariff hikes of about 15-20% in the sector post the listing of Jio.

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Mukesh D. Ambani, chairman and managing director, Reliance Industries, expressed his happiness on the company's performance, stating that Jio is well placed to shape how India communicates, computes, and consumes content in the years ahead.