Archive · 18 Jul 2026
Jio Platforms Reports First Profit Decline
Jio Platforms, a major telecom company in India, recently reported its first-ever decline in net profit.
This happened because they spent a lot on setting up 5G networks, which increased their costs.
Even though their revenue went up by a small amount, the extra costs from 5G made their overall profit go down.
Despite this, they added a lot of new users and their 5G services are very popular.
The company is also planning to go public soon, which is a big step for them.
They are focusing on being a tech company and making digital services available to more people.
Jio Platforms reported a 2.16% sequential decline in net profit to Rs 7,764 crore in Q1 FY27.
Revenue from operations rose 2.39% to Rs 39,713 crore driven by subscriber gains and digital services.
Ebitda margin improved to 53.3%, up 90 basis points sequentially.
5G subscriber base grew to 285 million, with 5G traffic exceeding 50% of total wireless traffic.
Jio Platforms filed its DRHP with Sebi, a significant step towards its public listing.
- Who
- Jio Platforms (JPL) and Reliance Jio Infocomm (RJIL)
- What
- First sequential decline in net profit due to higher depreciation and finance costs related to 5G rollout.
- When
- June 2026 quarter (Q1 FY27)
- Where
- India
- Why
- Higher depreciation and finance costs related to 5G rollout impacted net profit.
Positive Growth Perspective
Concerns Over Costs
Revenue Growth
Positive Growth Perspective
Revenue from operations rose 2.39% driven by subscriber gains and digital services.
Concerns Over Costs
Revenue growth was offset by higher depreciation and finance costs.
Ebitda Margin
Positive Growth Perspective
Ebitda margin improved to 53.3%, up 90 basis points sequentially.
Concerns Over Costs
Higher network operating expenses and finance costs impacted net profit.
5G Rollout
Positive Growth Perspective
5G subscriber base grew to 285 million, with 5G traffic exceeding 50% of total wireless traffic.
Concerns Over Costs
5G rollout led to increased finance costs and depreciation.
- Net Profit
- Rs 7,764 crore (Q1 FY27)
- Revenue from Operations
- Rs 39,713 crore (Q1 FY27)
- Ebitda
- Rs 20,865 crore (Q1 FY27)
- Ebitda Margin
- 53.3% (Q1 FY27)
- Subscriber Base
- 533.3 million (Q1 FY27)
- 5G Subscriber Base
- 285 million (Q1 FY27)
- Per Capita Data Usage
- 43.7 GB per month (Q1 FY27)
- JioAirFiber Userbase
- 14 million homes (Q1 FY27)
