Profit Surges 25% YoY To INR 7,110 Cr

Share via:


SUMMARY

Sequentially, Jio Platforms’ profit rose 1% from INR 7,022 Cr

The company’s Q1 FY26 operating revenue increased 19% to INR 35,032 Cr during the quarter from INR 29,449 Cr in Q1 FY25.

While Jio Platforms’ EBITDA grew 24% YoY to INR 18,135 Cr, EBITDA margin improved 210 basis points to 51.8%

Reliance Industries Ltd’s (RIL’s) technology arm Jio Platforms’ consolidated net profit jumped 25% to INR 7,110 Cr in Q1 FY26 from INR 5,698 Cr in the year-ago quarter….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Profit Surges 25% YoY To INR 7,110 Cr


SUMMARY

Sequentially, Jio Platforms’ profit rose 1% from INR 7,022 Cr

The company’s Q1 FY26 operating revenue increased 19% to INR 35,032 Cr during the quarter from INR 29,449 Cr in Q1 FY25.

While Jio Platforms’ EBITDA grew 24% YoY to INR 18,135 Cr, EBITDA margin improved 210 basis points to 51.8%

Reliance Industries Ltd’s (RIL’s) technology arm Jio Platforms’ consolidated net profit jumped 25% to INR 7,110 Cr in Q1 FY26 from INR 5,698 Cr in the year-ago quarter….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Shiba Inu Bull Identifies 1 Token to Turn $900...

Back in 2021, few investors imagined that Shiba...

Benchmark in talks to lead Series A for Greptile,...

Greptile, an AI-powered code review startup, is in...

ETtech Explainer: What is Flipkart’s ‘advertise now, pay later’...

Ecommerce giant Flipkart has unveiled a new feature...

Popular

Upcoming Events

IPTV Portugal iptvdfgdfs iptvdfgdfs iptvdfgdfs iptvdfgdfs dfsgs dfsgs iptv service iptv service
IPTV IPTV IPTV IPTV IPTV IPTV IPTV IPTV