Jio Platforms Q2 results 2026: Mukesh Ambani’s telecom giant, Jio Platforms, reported its quarterly earnings for the first time since listing. Backed by Reliance Industries Limited (RIL), Jio Platforms reported a 13.7% yearly growth in its consolidated net profit (attributable to owners of the company) to ₹8,389 crore in the second quarter of financial year 2026-27.
Net profit increased by 13.7% on a yearly basis to ₹8,389 crore in Q2FY27 against ₹7,379 crore reported in the year-ago period. Its net profit stood at ₹7,764 crore in Q1FY27. Jio’s net revenue from operations surged to ₹40,475 crore in Q2FY27, up 11.4% from ₹36,332 crore reported in the year-ago period.
The company reported an EBITDA growth of 17% on an annual basis, which was led by revenue growth and operating leverage during the quarter under review. Its quarterly EBITDA stood at ₹21,879 crore, up 16.6% on an annual basis.
The stock closed 0.57% higher at ₹1431.20 per share on BSE with a market capitalisation of ₹13,17,996.49 crore on BSE on Friday. Jio Platforms made a blockbuster debut on Wednesday, ending nearly 27% above its ₹1,119 issue price to become the second-most valuable domestic firm by market capitalisation.
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