India, July 17 -- IPO-bound Jio Platforms reported a consolidated profit after tax (PAT) of Rs.7,764 Cr in the first quarter of FY27 (Q1 FY27), up 9.2% YoY from Jio Platforms. Sequentially, net profit fell 2.2% from Rs.7,935 Cr in the previous quarter.

Operating revenue rose 11.8% YoY and 2.4% QoQ to Rs.39,173 Cr. Meanwhile, gross revenue jumped 12% YoY to Rs.45,961 Cr.

EBITDA for the period under review grew 15.1% YoY and 4% QoQ to Rs.20,865 Cr. While subscriber momentum and margin expansion supported another quarter of double-digit EBITDA, higher finance costs following the capitalisation of 5G assets partly offset the growth, Jio parent Reliance Industries (RIL) said in its quarterly disclosures.

Meanwhile, EBITDA margin expanded 90...