Jio Platforms delivered another quarter of strong growth in Q1 FY27, driven by higher subscriber additions, expanding digital services, rising customer engagement, and leadership in India’s 5G and fixed broadband markets.
Jio Platforms reported revenue of ₹45,961 crore, an increase of 12 percent year-on-year, while quarterly operating revenue rose 11.8 percent. Record quarterly EBITDA reached ₹20,865 crore, up 15.1 percent year-on-year, with EBITDA margin expanding 150 basis points to a record 53.3 percent. Profit after tax increased 9.2 percent despite higher finance costs and depreciation associated with continued 5G asset capitalization.
Jio’s digital business continued to accelerate, with Digital Services revenue growing 20 percent year-on-year, supported by strong demand for content, cloud computing, Internet of Things (IoT), and managed services. Connectivity services also maintained double-digit momentum, recording 11 percent year-on-year growth.
The telecom operator strengthened its market leadership by increasing its total subscriber base to 533.3 million, compared with 498.1 million a year earlier and 524.4 million in the previous quarter, representing annual growth of 7.1 percent. Subscriber additions during the quarter reached 8.9 million, while monthly churn improved further to 1.6 percent.
Average Revenue Per User (ARPU) increased to ₹215.6 per month from ₹208.8 a year earlier and ₹214.0 in the previous quarter, reflecting a better subscriber mix and seasonal demand, although promotional offers for fixed broadband customers moderated growth. Average monthly data consumption reached 43.7 GB per subscriber, helping total quarterly data traffic climb 26.9 percent year-on-year to 69.4 billion GB, or 69 Exabytes, compared with 54.7 billion GB a year ago and 66.0 billion GB in the previous quarter. Voice traffic also increased 2.0 percent year-on-year to 1.52 trillion minutes.
Jio consolidated its leadership in India’s 5G market with 285 million Jio True5G subscribers as of June 2026, adding more than 73 million users over the past 12 months. Customer engagement on the 5G network remained strong, with 5G users generating around 1.5 times the data traffic of 4G customers.
The company’s fixed broadband business also delivered industry-leading growth. Total fixed broadband subscribers reached 28.6 million by June 2026 after adding approximately 8.6 million users over the past year, giving Jio more than 43 percent market share. Jio AirFiber crossed 14 million subscribers and accounted for over 75 percent of all fixed broadband additions during the last 12 months.
Jio also strengthened its position as a global technology innovator. In the latest Patent Cooperation Treaty (PCT) rankings released by the World Intellectual Property Organization (WIPO), Jio climbed 320 positions to enter the global top 20, making it one of the world’s fastest-rising innovators. Its growing patent portfolio covers advanced technologies including 5G, 5G Advanced, 6G, artificial intelligence, AI-native networks, cloud-native platforms, intelligent automation, radio access technologies, core network software, edge intelligence, fixed wireless access, network slicing, and digital services infrastructure.
Akash M. Ambani, Managing Director of Jio Platforms, said the company has established itself as a deep technology leader with globally recognized innovation capabilities and intends to leverage its expanding technology portfolio to deliver advanced digital connectivity and digital services.
JioStar
JioStar reported strong operational performance during the quarter. Revenue from operations increased 14 percent year-on-year to ₹10,946 crore, while EBITDA from operations surged 30.7 percent to ₹933 crore, supported by higher subscription revenue, strong digital entertainment advertising, and operating leverage.
JioHotstar achieved its highest-ever average monthly active users (MAUs) of 530 million during Q1 FY27, representing 15 percent annual growth. IPL 2026 became the biggest T20 tournament ever, reaching a combined audience of 1.2 billion viewers across digital and linear television, including 700 million digital viewers. JioStar maintained a 34 percent television entertainment viewership share, reaching more than 810 million viewers across India.
Entertainment watch time on JioHotstar increased 16 percent year-on-year, while the company’s short-form content platform Tadka surpassed 100 million active users within just two months of launch. Daily watch time per viewer increased fivefold since launch, and the conversational discovery feature developed in partnership with ChatGPT continued to gain traction with steadily improving user engagement.