Jio Platforms Posts Strong Q3 Earnings
Jio Platforms, Reliance Industries Ltd's digital powerhouse, announced its third-quarter results for the fiscal year ending March 31, 2026 (Q3 FY26). Net profit surged 11% year-over-year to ₹7,629 crore, up from ₹6,861 crore in the same period last year.
The company also saw its financial performance improve sequentially, with profit increasing by 3% from ₹7,379 crore in the previous quarter.
Revenue and Operating Performance
Operating revenue for the quarter ended December 31, 2025, rose by 13% compared to the prior year, reaching ₹37,262 crore. This marks a 3% sequential increase from the preceding quarter. Gross revenue mirrored this upward trend, growing 13% year-over-year to ₹43,683 crore.
Jio Platforms, which encompasses telecom operator Reliance Jio Infocomm, demonstrated sustained operational strength. The consistent growth underscores the demand for its digital and connectivity services across India.
EBITDA and Margin Expansion
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the IPO-bound subsidiary improved significantly, showing a 16% year-over-year increase to ₹19,303 crore. The EBITDA margin also expanded by 170 basis points to 51.8%, indicating enhanced operational efficiency and profitability.
These results signal continued momentum for Jio Platforms as it strengthens its market position in India's rapidly evolving digital economy.