Jio Platforms, the digital arm of Reliance Industries Limited, reported a 12% increase in revenue for the first quarter of fiscal year 2027, with average revenue per user (ARPU) rising to nearly ₹216. The company also expanded its 5G subscriber base to approximately 285 million users as of June 2026, reinforcing its position as a leader in India’s telecommunications sector.
These figures come as Jio continues to capitalize on the growing demand for high-speed internet and digital services across the country, supported by its extensive 5G network rollout and fixed broadband offerings.
Jio’s Growing Digital Footprint
Jio Platforms has steadily increased its presence in the Indian market, particularly through its 5G services and broadband connectivity. As of June 2026, the company’s 5G subscriber base reached around 285 million, marking a gain of 73 million users over the previous year. This growth highlights Jio’s ability to attract new customers amid rising competition.
The company’s fixed broadband subscriber base also expanded significantly, standing at 28.6 million users. Over the past 12 months, Jio added approximately 8.6 million broadband subscribers, capturing more than 43% of the market share. A key driver of this growth has been Jio AirFiber, a wireless broadband service that contributed over 75% of the new fixed broadband additions, with a subscriber base exceeding 14 million.
Financial Performance and Key Metrics
- Profit after tax (PAT) rose 9.2% year-on-year, despite higher finance costs and increased depreciation linked to capitalizing 5G assets.
- Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 15.1%, supported by strong revenue growth and a 150 basis point expansion in margins.
- Average revenue per user (ARPU) climbed to ₹215.6, driven by an improved subscriber mix and seasonal factors, partially offset by promotional offers for broadband customers.
- Data consumption per user averaged 43.7 GB per month, with total data traffic growing 26.9% year-on-year during the quarter.
- Monthly churn rate improved to 1.6%, while net subscriber additions reached 8.9 million.
What Jio’s Growth Means for India’s Digital Future
Jio Platforms’ expanding subscriber base and rising ARPU reflect the increasing adoption of digital services in India. The company’s leadership in 5G technology positions it to benefit from the country’s accelerating demand for faster and more reliable internet connectivity.
The strong growth in fixed broadband subscribers, particularly through innovative solutions like Jio AirFiber, demonstrates Jio’s commitment to bridging the digital divide and providing high-speed internet access beyond urban centers.
Jio’s recent filing of its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) signals its intent to go public. This initial public offering (IPO) will allow investors to participate in the company’s growth story as it continues to expand its digital ecosystem.
Chairman Mukesh Ambani emphasized that the IPO marks an important milestone, while Managing Director Akash Ambani highlighted the company’s focus on democratizing digital connectivity and services both in India and globally.
Frequently Asked Questions
Q: How many 5G subscribers does Jio Platforms have as of June 2026?
A: Jio Platforms has around 285 million 5G subscribers, an increase of 73 million over the previous 12 months.
Q: What is the average revenue per user (ARPU) reported by Jio in Q1 FY27?
A: The ARPU rose to ₹215.6, reflecting a better subscriber mix and seasonal factors.
Q: What role does Jio AirFiber play in Jio’s broadband growth?
A: Jio AirFiber contributed more than 75% of the fixed broadband subscriber additions in the past year, with over 14 million users.
