Reliance Industries subsidiary Jio Platforms (JPL) on Friday posted a 3.39% rise in its net profit during the December quarter on the back of sequential rise in average revenue per user (Arpu) and uptick in data consumption.
JPL’s consolidated net profit in Q3 rose to Rs 7,629 crore from Rs 7,379 crore in the July-September period and Rs 6,861 crore in the third quarter of the previous fiscal, the company said.
The revenue rose 2.56% to Rs 37,262 crore from Rs 36,332 crore in the preceding quarter, driven by strong subscriber growth momentum across mobility and homes, increased customer engagement and growth in digital services business.
JPL’s Ebitda rose 2.91% on quarter at Rs 19,303 crore from Rs 18,757 crore in Q2FY26 on account of strong revenue growth. Ebitda margin at 51.8% was up 20 basis points sequentially, and up 170 bps year on year.
The firm’s revenue came in ahead of analyst forecast of R 36, 900 crore. PAT and Ebitda also exceeded analyst estimates.
Reliance Jio Infocomm, the telecom arm of RIL which commands the lion’s share of JPL’s financials, saw its PAT jump 2.88% q-o-q to Rs 7,173 crore from Rs 6,972 crore in Q2. Its revenue for the quarter grew 2.81% sequentially to Rs 32,751 crore (Q2: Rs 31, 857 crore), and earnings before interest, taxation, depreciation and amortisation (Ebitda) was 2.99% higher at Rs 18,408 crore (Q2: Rs 17,874 crore).
Beyond Connectivity
“Jio’s over 500 million subscriber base, deep customer insights and pan India distribution network will empower Reliance Intelligence to achieve its aim to make India not just AI-enabled but AI-empowered – where every citizen and enterprise can harness AI tools to create, innovate and grow. This will drive sustained value creation for all stakeholders in the coming years,” Akash Ambani, chairman, Reliance Jio Infocomm said.
Reliance Intelligence is the AI focussed subsidiary under RIL which houses the conglomerate’s artificial intelligence initiatives.
Jio added 8.9 million users in the December quarter taking its total subscriber base to 515.3 million. Monthly churn was marginally lower quarter on quarter at 1.8% (Q2: 1.9%).
Arpu, a crucial performance indicator for the telcos, improved to Rs 213.7 from Rs 211.4 in the second quarter of FY26, in line with Street estimates. The growth was driven by higher customer engagement, and partly offset by promotional offers for unlimited 5G and fixed broadband services, the company said.
5G Surge
Jio’s 5G subscriber base at the end of the quarter was 253 million, rising 19 million from 234 million in Q2 and now accounts for 65% of overall 5G user base in the country. The company added that the share of 5G traffic has increased to 53% of total wireless traffic on Jio network.
JioAirFiber userbase was 11.5 million homes, more or less sustaining the pace of additions from the previous quarter. The total connected premises with fixed broadband on its network reached 25.3 million (Q2: 23 million) in the December quarter.
The per capita data usage rose to 40.7 GB per month as compared to 38.7 GB per month in the previous quarter likely because of an uptick in 5G userbase, and FWA base expansion.
“Through our mobility and broadband products, we are connecting mobile phones, homes, appliances and enterprises. The synergistic value delivered by our connectivity and media platforms has meaningfully increased customer engagement. This quarter, Jio expanded its subscriber base further, through attractive propositions. The business delivered a robust financial performance with 16.4% growth in EBITDA,” Mukesh Ambani, chairman and managing director, Reliance Industries, the parent company of JPL said.
The total wireless data consumption rose to 62.3 billion GB as compared to 58.4 billion GB in Q2FY26 while total voice consumption grew sequentially at 1.53 trillion minutes.