THEBUSINESSBYTES BUREAU
MUMBAI, APRIL 24, 2026
Jio Platforms delivered another
year of robust growth in FY26, posting a 15 per cent rise in annual net profit
to Rs 30,053 crore, while revenue surged 14.5 per cent to Rs 1,46,885 crore,
underscoring its continued dominance in India's fast-evolving digital
ecosystem.
The Reliance Industries-backed
telecom and digital services giant maintained strong operational momentum
throughout the year, powered by rapid expansion in both 5G and fixed broadband.
Jio added 75 million 5G subscribers and 10 million fixed broadband customers
during FY26, taking its total subscriber base to over 524 million as of March
2026. Its 5G user base alone stood at an impressive 268 million, while
JioAirFiber further cemented its global leadership with a subscriber base of 13
million.
For the fourth quarter ended
March 2026, Jio Platforms reported a net profit of Rs 7,935 crore, up 13 per
cent year-on-year. Quarterly revenue rose 12.7 per cent to Rs 44,928 crore,
reflecting sustained growth across mobility, home broadband and enterprise
services.
Jio's network continued to
witness exceptional customer engagement. During the March quarter, data traffic
soared 35 per cent year-on-year to 66 billion GB, or 66 exabytes, while average
monthly data consumption per user climbed to 42.3 GB. Quarterly voice traffic
also remained strong at 1.54 trillion minutes.
Jio's 5G leadership remained
unchallenged, with 5G now accounting for 55 per cent of its total wireless data
traffic. In the fixed broadband segment, Jio emerged as the industry's growth
engine, with its subscriber base reaching 27.1 million, giving it a commanding
43 per cent market share—an increase of 10 percentage points over the past
year. JioAirFiber alone contributed more than 75 per cent of industry-wide
fixed broadband additions during FY26.
Reliance Industries Chairman
and Managing Director Mukesh D Ambani highlighted the strategic significance of
Jio's next phase of growth. "Jio continues to transform India’s digital
landscape. I am happy to note that we are advancing steadily towards the
listing of Jio Platforms. This will mark a defining milestone in its journey as
it continues to scale new heights and contribute to India’s digital future.
Robust full-year EBITDA growth of 19 per cent was driven by continuing traction
in mobility, home broadband and enterprise services. As we work to democratize
access to AI tools and next-generation technology platforms, Jio is well placed
to shape how India communicates, computes and consumes content in the years
ahead," he said.
"Jio played a crucial role
in connecting India to the Internet era and with over 524 million subscribers
across India is now positioned as the digital gateway to the Intelligence era.
Jio's state-of-the-art connectivity and edge compute infrastructure make it the
principal gateway through which AI services reach Indian consumers, households
and businesses. This will sustain Jio's industry-leading growth for many years
to come," said Akash M Ambani, Chairman of Reliance Jio Infocomm.
