Jio Platforms Limited has reported a strong financial performance for the second quarter of FY27, with its net profit, revenue and operating profit registering healthy growth on both a year-on-year (YoY) and quarter-on-quarter (QoQ) basis.
The company’s net profit increased 14% year-on-year to ₹8,387 crore, compared with the corresponding period last year. On a sequential basis, profit grew 8% compared with the previous quarter, reflecting continued improvement in its financial performance.
Jio Platforms Revenue Increases 11% YoY
Jio Platforms reported revenue of ₹40,475 crore in Q2 FY27, marking an 11% increase compared with the same quarter last year. Revenue also improved 3% quarter-on-quarter.
The growth in revenue highlights the company’s continued business expansion and its ability to maintain steady financial momentum.
Operating Profit Rises 15%
The company’s operating profit stood at ₹20,901 crore during the September quarter, registering a 15% year-on-year increase and 5% growth compared with the previous quarter.
One of the key highlights of the results was the improvement in operating margin.
Jio Platforms reported an operating margin of 51.6% in Q2 FY27, compared with 49.8% in the year-ago quarter and 50.6% in the previous quarter.
The improvement indicates better operating profitability, with the company maintaining a strong margin profile.
Other Income and EPS Performance
Jio Platforms reported other income of ₹978 crore during the quarter.
Earnings per share (EPS) increased 14% year-on-year to ₹9.37, while it also registered an 8% improvement on a quarter-on-quarter basis.
The growth in EPS is in line with the company’s increase in net profit during the reporting period.
Jio Platforms Q2 FY27 Results: Key Highlights
Here are the major financial figures reported by the company:
- Net Profit: ₹8,387 crore, up 14% YoY and 8% QoQ.
- Revenue: ₹40,475 crore, up 11% YoY and 3% QoQ.
- Operating Profit: ₹20,901 crore, up 15% YoY and 5% QoQ.
- Operating Margin: 51.6%, compared with 49.8% YoY and 50.6% QoQ.
- Other Income: ₹978 crore.
- EPS: ₹9.37, up 14% YoY and 8% QoQ.
What Do Jio Platforms’ Q2 FY27 Results Indicate?
Jio Platforms delivered a positive set of quarterly numbers, with double-digit growth in net profit, revenue and operating profit.
The improvement in operating margin from 49.8% to 51.6% is another important highlight of the quarter. Additionally, sequential growth across major financial parameters suggests that the company maintained its growth momentum during Q2 FY27.
Overall, the Q2 FY27 results reflect healthy financial performance, with higher profitability and improved operating margins.
Disclaimer: This article is for informational and educational purposes only. Investors should review the company’s official financial statements and consider their own research before making investment decisions.
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