Jio Platforms Q2FY27 profit rises 14%, Arpu grows to Rs.218.8 in first post-listing results
New Delhi, Oct. 30 -- After making its stock market debut earlier this week, Jio Platforms Ltd on Friday reported steady growth in the July-September quarter (Q2FY27), supported by continued subscriber additions, growing traction in home broadband, and sustained momentum in its digital services business.
The September-quarter earnings mark the company's first financial results announcement since its shares debuted on the stock exchanges on 28 October, delivering listing gains of 21.4% to shareholders over the issue price of Rs.1,119.
Jio Platforms, which houses Reliance Industries Ltd's telecom and digital services businesses, reported 13.7% year-on-year and 8% sequential growth in net profit to Rs.8,389 crore during the quarter.
Reven...
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