Quarterly Revenue at Rs44,928 crore, up 12.7% Y-o-Y
FinTech BizNews Service
Mumbai, April 24, 2026: Reliance Industries Limited, today announced the financial and operational performance of Reliance Industries Limited (RIL) for the quarter and year ended 31st March 2026.
CONSOLIDATED JIO PLATFORMS
Quarterly Revenue at Rs 44,928 crore, up 12.7% Y-o-Y Quarterly EBITDA at Rs 20,060 crore, up 17.9% Y-o-Y Strong momentum in 5G and Fixed Broadband additions with 75 million and ~10 million net additions respectively, during FY26 Total subscriber base of over 524 million including 268 million 5G subscribers Jio AirFiber strengthened its global leadership with ~13 million subscribers Customer engagement with 35% Y-o-Y increase in data traffic to 66 Exabytes in 4Q FY26
Annual Performance
• Sustained double-digit revenue growth driven by organic ARPU growth with improving subscriber mix in mobility, scale up of home connects and growth in digital services.
• Robust EBITDA growth on account of revenue increase and strong operating leverage driving 190 bps expansion in margins.
• Depreciation increase led by higher network utilisation and addition to the gross block.
• PAT growth driven by flow through of strong EBITDA growth. Quarterly Performance (4Q FY26 vs 4Q FY25) • Operating revenue increased 12.6% Y-o-Y led by strong subscriber addition, higher ARPU and continued growth in digital services.
• EBITDA increased by 17.9% Y-o-Y driven by steady revenue growth and margin expansion of 230 bps.
ARPU increased to Rs214.0 with higher customer engagement and better subscriber mix partly impacted by lower number of days in the quarter.
• Per capita data consumption was 42.3 GB/ month with total data traffic growth of ~35% Y-o-Y during 4Q FY26.
• Monthly churn was stable at 1.7% with net subscriber addition of 9.1 million during the quarter.
STRATEGIC PROGRESS
• Jio’s network leadership in 5G continued to attract subscribers with total 5G subscriber base reaching 268 million as of March 2026. Customer engagement also remains robust with 5G now accounting for 55% of total wireless traffic.
• Jio is driving the industry wide fixed broadband market growth with addition of 10 million during FY26. Total Fixed Broadband subscribers as of March 2026 stood at 27.1 million giving Jio the market share of 43%, up 10 percentage points in last 12-months. Jio AirFiber with total base of 13 million subscribers, has driven more than 75% of the fixed broadband additions during the year.
• Jio had upgraded its fixed broadband services further by transitioning to non-line of sight hardware which would significantly widen addressable market and drive greater deployment efficiency across geographies. Also, enhanced the product offering with new LiveTV experience covering 1000+ channels and voice-first discovery, and WiFi6 router for better security and supporting higher number of connected devices.
• IPL season of 2026 is expected to provide significant seasonal demand tailwind, consistent with strong uplift patterns observed in previous years. During the quarter, Jio launched new JioHome Cricket Season Packs offer with JioHome quarterly plans. The new plans bundle 1000+ Digital TV channels, Unlimited WiFi, and up to 16 Premium OTT apps into a single, zero-hassle connection at an effective price of just Rs555 per month.
LEADERSHIP QUOTE
Mr. Akash M Ambani, Chairman of Reliance Jio Infocomm, said, “Jio played a crucial role in connecting India to the Internet era and with over 524 million subscribers across India is now positioned as the digital gateway to the Intelligence era. Jio's state-of-the-art connectivity and edge compute infrastructure make it the principal gateway through which AI services reach Indian consumers, households and businesses. This will sustain Jio's industry-leading growth for many years to come.”
