JioStar Posts Q4 Revenue of Rs 9,784 Crore, EBITDA at Rs 827 Crore

JioStar Sees Strong Growth in March Quarter

Reliance Industries Limited's JioStar business reported a significant increase in quarterly revenue, reaching Rs 9,784 crore, and EBITDA of Rs 827 crore for the March quarter. The strong growth was driven by high engagement across its digital and television platforms.

During the quarter, JioHotstar averaged 500 million monthly active users, a testament to the platform's widespread appeal. The final of the T20 Men's Cricket World Cup, which was streamed on JioHotstar, recorded a peak concurrency of 72.5 million, a global record. This highlights the platform's ability to handle large-scale events.

JioStar maintained a strong presence in the television entertainment market, with a 34.2 percent share in television entertainment viewership. The company reached over 810 million viewers nationwide, a significant milestone. Digital subscriptions continued to grow sequentially, driven by new pricing plans aimed at improving affordability and flexibility. Direct-to-consumer subscriptions also reached an all-time high.

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In addition to its core services, JioHotstar expanded its product features during the quarter, including conversational content discovery powered by artificial intelligence and in-app commerce integrations such as food ordering and shopping features. The platform streamed some of the largest global live events during the quarter, showcasing its scale and stability.

The sports segment saw significant growth, driven by major events such as the T20 World Cup and the Indian Premier League. The entertainment segment maintained its leadership across key genres and regional markets. The Dhurandhar movie franchise, produced by Jio Studios, has delivered a strong box office performance, with both parts 1 and 2 crossing Rs 1,000 crore globally. The film recorded the highest overseas box office collections for a Bollywood release.

Quarterly Performance Comparison

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Note: The comparison table highlights the growth in revenue and EBITDA for JioStar over the past year.