The rise in consolidated net profits was driven by subscriber gains, higher realisations per user and healthy growth in digital services. File photo | Photo Credit: Reuters Shares of Jio Platforms climbed over 3% on Monday (November 2, 2026) after the firm reported a 13.7% rise in consolidated net profit for the September 2026 quarter.The stock went up by 3.14% to ₹1,476.15 on the BSE.At the NSE, the stock climbed 3% to ₹1,475.Jio Platforms on Friday (October 30, 2026) reported a 13.7% rise in consolidated net profit to ₹8,389 crore for the September 2026 quarter, driven by subscriber gains, higher realisations per user and healthy growth in digital services.The digital and telecom company's consolidated revenue from operations rose 11.4% to ₹40,475 crore during the quarter under review, according to a regulatory filing.The September-quarter scorecard is the company's first since its stellar listing earlier last week.Net profit attributable to owners of the company stood at ₹8,389 crore for the just-ended quarter against ₹7,379 crore in the year-ago period.On a sequential basis, consolidated net profit rose 8% from ₹7,765 crore in the June quarter, while revenue from operations increased 3.3% from ₹39,173 crore.This is the first results announcement of the digital and telecom company after its blockbuster stock market debut last week, when the company's shares ended nearly 27% above its ₹1,119 issue price, making what was a telecom and digital upstart in 2016 the second-most valuable domestic firm by market capitalisation, in a matter of just 10 years.
Published - November 02, 2026 12:10 pm IST