Jio Platforms Financials FY26: Revenue, Profit, Margin and Debt in Plain English

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Revenue of about Rs 1.47 lakh crore, profit of Rs 30,049 crore and a 52 per cent operating margin. What the Jio IPO numbers say.

Numbers tell the story behind the Jio IPO. Here are the FY26 highlights in plain English.

Revenue and profit

  • Revenue: about Rs 1.47 lakh crore.
  • Profit: Rs 30,049 crore, which is roughly 20 per cent of revenue.
  • Profit growth: about 15 per cent.

Margin

The operating margin is around 52 per cent. That means more than half of every rupee of revenue turned into operating profit before interest and depreciation effects.

Customers

Jio added 36 million customers in a year and ended March 2026 with 524 million. About 60 per cent of India's wireless data runs on its network.

Debt

Net debt to EBITDA fell to 0.36 times in FY26 from 0.88 times in FY24. Interest costs still rose about 76 per cent to Rs 8,653 crore.

Concentration

Reliance Jio Infocomm brings in about 94 per cent of the profit.

How to read it

  1. High margin and scale are strengths.
  2. Moderate growth means valuation matters.
  3. Falling leverage lowers risk but interest costs still matter.

Where to verify

The red herring prospectus has the audited numbers.

Main post: Jio IPO 2026.

This blog is for information only and is not investment advice. Please consult a SEBI registered advisor before investing.

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