Jio Platforms Q2 PAT jumps 14% YoY to Rs 8,389 cr; ARPU improves to Rs 218.8
Profit before tax (PBT) rose 13.3% YoY to Rs 11,259 crore in Q2 FY27.
EBITDA increased by 16.6% Y-o-Y driven by revenue growth and operating leverage. EBITDA margin improved 250 bps to 54.1% in Q2 FY27 from 51.6% in Q2 FY26.
Jio Platforms' total subscriber base increased 7.1% YoY to 542.4 million as of September 2026, compared with 506.4 million a year ago. The company added 9.1 million subscribers during the quarter, against 8.3 million in Q2 FY26.
Average revenue per user (ARPU) increased further to Rs 218.8 in Q2 FY27 from Rs 211.4 in Q2 FY26 with promotional schemes for fixed broadband customers offsetting better subscriber mix and increased usage. Per capita data consumption was 44.2 GB/ month with total data traffic growth of 22.1% Y-o-Y during 2Q FY27.
Total Fixed Broadband subscribers as of September 2026 stood at 30.0 million with 7.3 million additions over the last 12 months. Jio AirFiber with total base of 15.1 million subscribers, has driven more than 75% of Jio?s fixed broadband additions during the last 12 months.
For the first half of FY27, revenue from operations grew 11.6% YoY to Rs 79,648 crore, while EBITDA advanced 15.9% YoY to Rs 42,744 crore. PAT increased 11.5% YoY to Rs 16,151 crore.
Akash M Ambani, managing director of Jio Platforms, said, ?We warmly welcome our new shareholders to the Jio Platforms family as we enter a new era as a listed company. This quarter?s results continue to reflect the strength of our 5G network, and the growing reach of our broadband and digital services. Ahead of the curve investment on next generation technologies has been the foundation of Jio?s success over the past decade. We would continue to build our capabilities across satellite communications, 6G intellectual property and AI embedded in our core voice and data services as we create lasting value for all our stakeholders.?
Jio Platforms made its stock market debut on October 28, 2026. The shares were listed at Rs 1,358, representing a premium of 21.36% over the IPO price of Rs 1,119 per share.
The company's Rs 30,188-crore initial public offering (IPO) was subscribed 22.19 times. The public issue was open for subscription from October 21 to October 23, 2026, with a price band of Rs 1,065 to Rs 1,119 per share. The equity shares were listed on both the BSE and the National Stock Exchange (NSE).
An aggregate amount of Rs 27,500 crore from the net proceeds has been utilized towards prepayment, in full or in part, of the principal amount outstanding of certain external commercial borrowings availed by Reliance Jio Infocomm, material subsidiary of the company and the balance amount will be utilised towards general corporate purposes, in line with the objects of the Issue as set out in the prospectus.
Jio Platforms (JPL) is a technology company focused on digital connectivity, digital services and technology-led solutions in India. Its consumer offerings include mobile and fixed broadband, digital entertainment (video/music streaming and cloud gaming provided by the company, RJIL and Saavn Media bundled with connectivity plans), cloud storage, virtual PC services and smart home solutions.
The counter rose 0.57% to settle at Rs 1,431.20 on the BSE.
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