Jio Platforms (JPL) Q2 26/27 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 26/27 earnings summary
30 Oct, 2026Executive summary
Q2 FY27 operating revenue rose 11.4% YoY to ₹40,475 Cr; EBITDA increased 16.6% to ₹21,879 Cr, with a 54.1% margin, up 250 bps YoY.
Customer base reached 542.4 Mn, including 300 Mn 5G customers; ARPU was ₹218.8/month and monthly data use was 44.2 GB/customer.
Consolidated results cover a single Digital Services segment; the independent auditors’ review conclusion was not modified.
Financial highlights
H1 FY27 operating revenue was ₹79,648 Cr vs ₹71,364 Cr; EBITDA was ₹42,744 Cr vs ₹36,892 Cr YoY.
Q2 EBIT rose 18.1% YoY to ₹14,268 Cr; PAT increased 13.7% to ₹8,387 Cr, with a 20.7% PAT margin.
H1 PAT was ₹16,151 Cr; total comprehensive income was ₹16,326 Cr, while Q2 total comprehensive income was ₹8,509 Cr.
EBITDA less cash capex was ₹15,449 Cr in Q2 vs ₹10,129 Cr YoY; H1 was ₹32,130 Cr vs ₹16,216 Cr.
Outlook and guidance
Growth priorities include scaling mobility, home and business connectivity; deepening digital engagement; improving operating leverage and cost efficiency; and building new services and markets.
Expansion plans include enterprise managed services, reaching underserved small businesses through AirFiber, and overseas monetization of Indian-developed technology through local partnerships and asset-light delivery.
