Following its strong debut in the stock market, Jio Platforms has announced its financial performance for the second quarter covering July to September. The digital and telecom giant registered a 14 percent year-on-year increase in net profit, lifting earnings to Rs 8,389 crore. Alongside the profit expansion, total revenue for the second quarter climbed 11 percent to touch Rs 47,485 crore. With these figures, the enterprise emerged as the single highest profit generator across all companies under the Reliance group umbrella.
Comparative Financial Growth and Operational Margins
A closer look at the historical numbers shows that during the corresponding July to September quarter of the preceding financial year, the company had logged a net profit of Rs 7,379 crore alongside total earnings of Rs 42,652 crore. Operating profitability also demonstrated steady momentum, with earnings before interest, taxes, depreciation, and amortisation (EBITDA) scaling to Rs 21,879 crore. After accounting for GST liabilities, net revenue expanded by 11.4 percent to reach Rs 40,475 crore, compared to the Rs 36,332 crore reported in the same period a year ago.
ARPU Expansion and Substantial 5G Penetration
The enterprise also saw noticeable improvement in its average revenue per user (ARPU), which advanced to Rs 218.8 during the quarter. Segment-wise breakdowns reveal that mobile connectivity revenue rose by 11 percent, whereas revenue generated from digital services posted a sharper increase of 16 percent over the period.
Subscriber additions maintained a strong upward trajectory across varied service verticals. Jio Platforms stated that its high-speed 5G mobility services now serve 30 crore users nationwide, while its broadband customer base expanded to 3 crore subscribers. Spurred by growth in both cellular and fixed broadband segments, the company's overall customer footprint has reached 54.2 crore users.
