Reliance Jio, the telecom arm of Reliance Industries Ltd, reported a robust set of numbers for the quarter ended June 2025 (Q1FY26). Backed by strong subscriber growth, rising consumption, and sustained digital momentum, the company recorded a substantial 25 percent year-on-year rise in net profit, alongside healthy increases in revenue and operating margin. The results were announced on Friday, July 18.
Reliance Jio posted a consolidated net profit of ₹7,110 crore for the first quarter of FY26, up nearly 25 percent compared to ₹5,698 crore in the corresponding period last year. On a sequential basis, net profit rose 1.2 percent from ₹7,022 crore in the March 2025 quarter.
Net revenue for the quarter stood at ₹41,054 crore, marking an 18.8 percent year-on-year rise from ₹34,548 crore in Q1FY25. On a sequential basis, revenue increased by 3 percent from ₹39,853 crore in Q4FY25.
Operational Highlights
Jio Platforms Ltd (JPL), the digital services holding company under Reliance Jio, reported a strong 23.9 percent year-on-year growth in EBITDA, which rose to ₹18,135 crore. The EBITDA margin expanded by 210 basis points year-on-year, aided by operational efficiencies and strong growth in average revenue per user (ARPU). The company noted that sustained digital adoption and broader connectivity needs continued to drive momentum across its mobility and home services businesses.
The robust growth in EBITDA was attributed to not just rising subscriber numbers, but also improved consumption trends and a favourable shift in revenue mix. Margin expansion was largely driven by cost optimisation and technology-driven efficiencies.
Reliance Jio’s aggressive rollout of 5G services has started to pay dividends, with the company surpassing the 200 million mark in 5G subscriber count during the quarter. Additionally, home broadband services under the JioFiber brand also saw significant traction, crossing 20 million connections—a key milestone in the company’s fixed-line growth strategy.
With its continued focus on providing end-to-end digital services, including OTT, cloud, enterprise tech, and education, Jio has created a diversified revenue base that now spans multiple user segments.
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