Jio Platforms Q1 profit rises 9.2% to Rs 7,764 crore as IPO valuation debate sharpens
Reliance Jio's Q1 FY26 revenue grew 12% YoY to Rs 45,961 crore with EBITDA up 15% to Rs 20,865 crore on a 53.3% margin, adding 8.9 million subscribers to reach 533.3 million. Analysts peg Jio Platforms' value within RIL at Rs 431-664 per share ahead of its expected FY27 IPO.
Reliance Jio's Q1 results show steady subscriber and revenue growth ahead of its anticipated IPO; analysts value Jio Platforms' stake in RIL between Rs 431-664 per share.