StocksMedium•2 November 2026•
1 min read
Jio Platforms Q2 Profit Rises 8% to Rs 8,389 Crore
Key Facts
1Jio Platforms' net profit increased by 8% quarter-on-quarter to Rs 8,389 crore in the second quarter.
2Company revenue grew 3.3% to Rs 40,475 crore, while the EBITDA margin expanded to 51.6%.
Jio Platforms' net profit increased by 8% quarter-on-quarter to Rs 8,389 crore in the second quarter. Business Upturn reported that the company's revenue grew 3.3% to Rs 40,475 crore, while the EBITDA margin expanded to 51.6%.
Jio Platforms shares rose 3% in early trading following the financial results which showed improved operational efficiency. The Reliance Industries subsidiary saw its customer base increase to 542 million users, up from 533 million in the previous quarter, as average revenue per user climbed to Rs 218.8.