Jio Platforms Q1FY27 profit rises 9.2% to ₹7,764 crore

Jio Platforms reported a 9.2% year-on-year increase in net profit to ₹7,764 crore in Q1FY27, while average revenue per user (ARPU) rose to ₹215.6.

TL;DR

• Jio Platforms posted Q1FY27 net profit of ₹7,764 crore, up 9.2% year on year.
• Jio Platforms reported ARPU of ₹215.6 in the quarter.
• Reliance Industries chairman Mukesh Ambani said Jio's upcoming IPO will be an important milestone for the company.

Jio Platforms said its net profit for the first quarter of fiscal year 2027 reached ₹7,764 crore. The company reported that this represented 9.2% growth compared with the same period a year earlier.

Jio Platforms also reported ARPU, or average revenue per user, of ₹215.6 for Q1FY27. ARPU is a standard telecom metric that measures revenue earned per subscriber over a given period.

Reliance Industries chairman Mukesh Ambani said Jio's upcoming initial public offering (IPO) will be an important milestone in the company's journey and will give investors an opportunity to participate in India's digital growth story. The source did not provide a date for the IPO.

Related questions

• What net profit did Jio Platforms report in Q1FY27?
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