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StartupUpdated 2 hrs ago

Jio Platforms Q2 Profit Rises 14% YoY To ₹8,387 Cr, Revenue Up 11%

Image: Inc42

Recently listed Jio Platforms reported a net profit of ₹8,387 Cr in Q2 FY27, a 13.7% increase from ₹7,379 Cr in the year-ago quarter. Sequentially, net profit grew 8.0% from ₹7,764 Cr in Q1 FY27.

Operating revenue grew 11.4% YoY and 3.3% QoQ to ₹40,475 Cr in the quarter under review. 

Jio Platforms’ other income jumped 49.5% YoY to ₹978 Cr. Including this, total income increased to ₹41,453 Cr from ₹36,986 Cr in Q2 FY26.

Total expenses increased 11.6% YoY to ₹30,194 Cr. Network operating expenses, its largest expense head, increased 3.3% to ₹8,813 Cr from ₹8,528 Cr.

The company incurred ₹2,872 Cr in tax expenses in Q2, comprising ₹30 Cr in current tax and ₹2,842 Cr in deferred tax. With no exceptional items, its total comprehensive income for the quarter amounted to ₹8,509 Cr. \

(The story will be updated soon)

The post Jio Platforms Q2 Profit Rises 14% YoY To ₹8,387 Cr, Revenue Up 11% appeared first on Inc42 Media.

This content is published by Inc42 and has not been created or edited by Hello Headlines. View original

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