Reliance Jio Posts First-Quarter Net Profit Above Rs 8,000 Crore

Confirmed Financial Highlights

• Gross revenue Q2 FY27: Rs 47,485 crore.
• Operations revenue: Rs 40,475 crore.
• EBITDA: Rs 21,879 crore.
• EBITDA margin: 54.1%.
• Net profit: Rs 8,387 crore – first time crossing Rs 8,000 crore.

Customer and Usage Metrics

• Mobile customer base: 542.4 million (up from 533.3 million in Q1 FY27).
• Net new customers: 9.1 million.
• Monthly churn rate: 1.6%.
• Average Revenue Per User (ARPU): Rs 218.8 (up from Rs 215.6).

Data Growth

• Data traffic: 71.3 billion GB in Q2 FY27 (up from 58.4 billion GB in Q2 FY26).
• Average monthly data per customer: 44.2 GB (up from 38.7 GB).

Strategic Context

• Jio’s recent IPO was the largest in Indian history, boosting investor confidence.
• Management highlighted continued investment in 5G, satellite communications, and AI‑enabled services.

Reported Statements

• Akash Ambani, Managing Director of Jio Platforms Limited, 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."
• The company noted that rising ARPU indicates better monetisation without price hikes.

Practical Implications

• Higher net profit suggests stronger cash flow and potential for reinvestment.
• Increased ARPU and data consumption point to deeper consumer engagement.
• The large customer base and churn rate provide scale for future 5G and AI initiatives.