Reliance Jio Platforms Reports Impressive Q1 Financials

Digital and telecom arm of Reliance Industries, Jio Platforms Ltd, has announced a remarkable 25% year-on-year (YoY) increase in net profit, reaching Rs 7,110 crore for the quarter ended June 30, 2025. The company's gross revenue for the first quarter of FY26 also saw a significant 19% YoY growth, amounting to Rs 41,054 crore.

Subscriber Growth and Digital Expansion

The surge in revenue is attributed to a robust increase in subscriber base across both mobility and home segments, alongside enhanced customer engagement and a flourishing digital services business. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, highlighted Jio's achievement of crossing 200 million 5G subscribers and 20 million home connects during the quarter.

Leading the Global FWA Market

Ambani also noted that Jio AirFiber has become the largest Fixed Wireless Access (FWA) service provider globally, boasting 7.4 million subscribers. The Digital Services business has further solidified its market position with strong financial and operational results.

Key Metrics and Future Prospects

The Average Revenue Per User (ARPU) saw an uptick to Rs 208.8, marking an increase from previous quarters. Akash Ambani, Chairman of Reliance Jio Infocomm, emphasized Jio's commitment to advancing 5G and fixed broadband infrastructure, which is expected to play a crucial role in driving AI adoption across India.