Jio Platforms Q1FY27 profit up 9.2% to ₹7,764 crore; files DRHP for mega IPO
Reliance's digital arm posted 11.8% revenue growth to ₹39,173 crore with earnings up 15% YoY. ARPU rose 3.3% to ₹215.6 as customer base hit 53.3 crore and EBITDA margin held at 53.3%. Jio filed its DRHP with SEBI for a listing expected to raise ₹32,000-35,000 crore.
Jio Platforms Q1FY27 profit rose 9.2% to ₹7,764 crore, revenue up 11.8%. Reliance's digital arm filed DRHP with SEBI for an IPO expected to raise ₹32,000-35,000 crore, adding subscribers and ARPU gains.
Why this matters
The DRHP filing formalizes Jio's long-anticipated listing, consistent with prior Q1 signals showing 9.2% profit growth and ARPU edging to ₹215.6 ahead of the planned IPO.
Retail-company signals accelerating at +866200% QoQ.