Jio Platforms Limited (JPL) Q2 FY27: Revenue Up 11.3%, Ebitda Surges 16.6%

Jio Platforms Limited (JPL) delivered stellar financial results for the second quarter of FY27, showcasing robust growth across various metrics. The company reported consolidated revenue of ₹47,485 crore, marking an impressive 11.3% year-on-year (Y-o-Y) growth. This surge was driven by significant revenue expansion in both Connectivity and Digital Services segments.

Financial Highlights

The EBITDA for the quarter stood at ₹21,879 crore, reflecting a robust 16.6% Y-o-Y increase. This growth was propelled by revenue growth, enhanced operating leverage, and a margin improvement of 250 basis points (bps) Y-o-Y. Additionally, JPL generated a strong free cash flow (FCF) of ₹32,130 crore, a staggering 98% Y-o-Y increase.

Operational Achievements

JPL crossed significant operational milestones during the quarter, including reaching 300 million 5G mobility subscribers and 30 million Fixed Broadband subscribers. The total subscriber base now stands at over 542 million, with net additions of 36 million over the trailing twelve months.

The company also successfully completed its Initial Public Offering (IPO) on October 28, 2026, raising ₹30,188 crore, making it the largest IPO in India to date. The net proceeds of ₹27,500 crore were utilized for prepayment of external commercial borrowings and for general corporate purposes.

As Jio continues to lead in 5G subscriber growth, the company’s 5G now accounts for approximately 56% of total wireless traffic. The Fixed Broadband segment also saw significant growth, with Jio AirFiber driving over 75% of the fixed broadband additions in the last 12 months.

Strategic initiatives like the launch of Jio Call Agent and JioFrames at the India Mobile Congress 2026 further underscore JPL’s commitment to innovation and customer engagement.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Jio Platforms Limited

Jio Platforms Limited. Here’s a quick read on where the business and the stock stand today.

Symbol JPL not found in TradeAlone database.