Reliance Jio has released its consolidated financial results for the quarter ended (QE) June 30, 2025. According to the company, its gross revenue rose to Rs 410.54 billion for financial year 2025-26 (FY26) as compared to Rs 345.48 billion for FY25. Similarly, the revenue from operations stood at Rs 350.32 billion against Rs 294.49 billion for the reported period. As per the company, operating revenue (net of GST) growth was driven by strong subscriber growth momentum across mobility and homes, increased customer engagement and growth in digital services business.
Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) grew to Rs 181.35 billion in Q1 FY26 against Rs 146.38 billion in the corresponding quarter last year. This, growth was driven by higher revenues and strong margin improvement. The company’s profit after tax (PAT) for Q1 this year stood at Rs 71.10 billion, rising from Rs 56.98 billion in the same quarter last year.
Furthermore, the margin increase of 210 base points (bps) year-on-year (YoY) was led by operational leverage and sharp focus on cost efficiencies.
The telco’s customer base increased to Rs 498.1 million in Q1 FY26, up from Rs 489.7 million in Q1 FY25. The average revenue per user (ARPU) showed a 14.9 per cent YoY change, increasing to Rs 208.8 from Rs 181.7 in the reported period. Moreover, the company’s customer engagement with per capita data consumption stood at 37 GB per month, while the total data traffic growth stood at 24 per cent YoY during Q1 FY26. Jio’s monthly churn was 1.8 per cent with net subscriber addition of 9.9 million during the quarter. Strong subscriber addition momentum was driven by continued market share gains in mobility and record home connects.
Commenting on the results, chairman, Reliance Jio Infocomm, said, “We have delivered a milestone quarter at Jio with our 5G and home subscriber base crossing the 200 million and 20 million marks respectively. Jio continues to bring next generation services for its users with the launch of JioGames Cloud and JioPC bundle at affordable prices to drive adoption of digital services in India. Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving artificial intelligence adoption in the country.”