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Earnings Call Transcript

Jio Platforms Earnings Call Transcript: Key Takeaways

Q2 FY27 consolidated revenue ₹40,475 Cr (+11.4%), EBITDA ₹21,879 Cr (+16.6%), margin 54.1%, PAT ₹8,387 Cr (+13.7%). Strong operating leverage, but ARPU growth is modest at 3.5%.

Highlights
Revenue growthConsolidated revenue ₹40,475 Cr, +11.4% YoY; connectivity +10.8%.
MarginsEBITDA margin 54.1%, up 250 bps YoY; connectivity margin 58.1%.
Demand visibility5G base 300M; 340M new mobility users cited as long-term runway.
Management confidenceConfident and upbeat; heavy on aspiration, light on forward numbers.

Growth

Revenue +11.4% YoY; 78% of incremental revenue reached EBITDA. ARPU +3.5%; 9.1M quarterly net adds.

Outlook

No numeric growth guidance. Capex not expected to exceed FY26 levels for 4-5 years; dividend intent signalled, unquantified.

Risks

ARPU only +3.5%; tariff hike timing undisclosed; international revenue zero, partner timelines unspecified; Starlink competition.

Source

Earnings Call Transcript filed with BSE, NSE: JPL. Summary written with AI assistance from the document.

Read the document ↗

Jio Platforms Ltd: key numbers

Share price
₹1,400.70
Market cap
₹12,89,909 Cr
Revenue (annual)
₹1,46,885 Cr
Net profit (annual)
₹30,064 Cr
Promoter holding
64.48%
FII holding
32.54%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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