New Delhi, July 17 -- Cricket fever during the Indian Premier League, crowd-puller Dhurandhar: The Revenge and a growing microdrama hub powered June quarter profits and revenue at JioStar, the media and entertainment division of Reliance Industries Ltd.

JioStar, formed by the merger of Reliance's Viacom18 and The Walt Disney Co.'s Disney Star, holds the media rights to the cricket jamboree, and was the co-producer of the Dhurandhar sequel, a box-office hit. It operates over 100 linear TV channels, the film production arm Jio Studios, and the streaming app JioHotstar.

The company reported a 14.5% year-on-year increase in net profit to Rs.665 crore, led by higher subscription and digital advertising revenue.

Revenue from operations touch...