Shares of Jio Platforms rose 1.12% to ₹1,437.50 on the NSE, while the BSE listed it at ₹1,431.20, after the company released its Q2 FY27 earnings.
The telecom arm posted consolidated net profit of ₹8,389 crore, a 13.7% year‑on‑year increase from ₹7,379 crore, and revenue climbed 11.4% to ₹40,475 crore, beating analyst estimates of ₹39,800 crore.
EBITDA surged 17% YoY to ₹6,112 crore, supported by a 250‑basis‑point expansion in operating margin, which rose to 18.4% from 17.6% in the prior year.
Customer base reached 542.4 million, up 7.1% YoY, with net additions of 9.1 million this quarter; ARPU rose to ₹218.8, up 3.5% from ₹211.4, surpassing the ₹215.6 recorded in Q1 FY27.
Total data traffic grew 22.1% YoY to 71.3 billion GB, while per‑customer data consumption hit 44.2 GB, a 14.2% lift, and voice traffic stood at 1.52 trillion minutes, flat versus Q1.
The results place Jio Platforms ahead of Bharti Airtel’s Q2, which reported a 6% profit decline, and signal a strong 5G rollout momentum. With its first public listing completed, the company may look to reinvest profits into network expansion and digital services ahead of the next earnings cycle.