Quarterly Revenue at Rs45,961 crore, up 12.0% Y-o-Y
FinTech BizNews Service
Mumbai, July 17, 2026: Reliance Industries Limited today announced its Q1 FY27 results.
CONSOLIDATED JIO PLATFORMS LIMITED (“JPL”)
Quarterly Revenue at Rs 45,961 crore, up 12.0% Y-o-Y Record Quarterly EBITDA at Rs 20,865 crore, up 15.1% Y-o-Y
Record EBITDA margin at 53.3%, up 150 bps Y-o-Y
Digital Services growth of 20% Y-o-Y driven by Content, Cloud Compute, IoT and Managed Services; double digit Connectivity growth at 11% Y-o-Y
Industry leading 5G and Fixed Broadband additions with over 73 million and 8.6 million net additions respectively, in last 12 months Total subscriber base of over 533 million including 285 million 5G subscribers
Increasing Customer engagement with 26.9% Y-o-Y growth in data traffic to 69 Exabytes JPL emerged as one of the fastest rising innovators globally as per PCT Rankings of WIPO
Quarterly Performance (1Q FY27 vs 1Q FY26)
• Operating revenue increased 11.8% Y-o-Y driven by continued gains in subscriber market share, organic ARPU growth and scale up of digital services.
• EBITDA increased by 15.1% Y-o-Y driven by strong double digit revenue growth and margin expansion of 150 bps.
• PAT increased 9.2% Y-o-Y with EBITDA growth offset by higher finance costs and depreciation charge due to 5G asset capitalisation
ARPU increased further to Rs 215.6 with better subscriber mix and positive seasonality partly impacted by promotional schemes for fixed broadband customers.
• Per capita data consumption was 43.7 GB/month with total data traffic growth of 26.9% Y-o-Y during 1Q FY27.
• Monthly churn improved further to 1.6% with net subscriber addition of 8.9 million during the quarter.
STRATEGIC PROGRESS
• Jio Platforms surged into the global top 20 in the latest Patent Co-operation Treaty (PCT) rankings released by the World Intellectual Property Organisation (WIPO). Jio climbed 320 places on the list for year 2025, making it one of the fastest-rising innovators globally and placing it among an elite group of global technology leaders. Jio’s patent portfolio is strongly focused on next-generation digital technologies, including 5G, 5G Advanced, 6G, artificial intelligence, AI-native networks, cloud-native platforms, intelligent automation, radio access, core network software, edge intelligence, fixed wireless access, network slicing and digital services infrastructure. • Jio extended its leadership in 5G subscriber base with ~285 million users as of June 2026, up 73 million over the last 12 months. Customer engagement also remains robust with 5G now at ~1.5x of 4G data traffic. • Total Fixed Broadband subscribers as of June 2026 stood at 28.6 million with ~8.6 million additions over the last 12 months, giving Jio a market share of over 43%. Jio AirFiber with total base of over ~14 million subscribers, has driven more than 75% of the fixed broadband additions during the last 12 months.
Mr. Akash M Ambani, Managing Director of Jio Platforms Limited, said, “Jio has established itself as a deep tech company and demonstrated the velocity of innovation across multiple advanced technologies. This is underlined by our strong patent portfolio which has been recognised globally. We intend to use these technologies to offer an ever-expanding bouquet of services to every citizen of India and drive industry leading growth for many years to come. As we embark on our next phase of journey to be a publicly listed company in India, we will continue to maintain our deep tech focus and democratise access to digital connectivity and digital services in India and globally.”
