JPL crossed the 300 million 5G subscribers mark as its overall customer base increased to 542 million. Jio also crossed the ₹40,000-crore quarterly revenue threshold. It took six quarters to add ₹10,000 crore of sales over a three-month period, having crossed the ₹30,000 crore milestone in March 2025.
ARPU Improves
Jio Platforms rose 0.57% to close at ₹1,431.20 on the BSE on Friday .Friday's earnings announcement is the first for Jio Platforms since its October 28 public debut, making it an early test whether the company's operating performance can sustain investor enthusiasm surrounding the blockbuster IPO.
"This week marked a historic moment in Reliance's value creation journey with Jio's record-setting listing on Indian bourses," Mukesh Ambani, chairman and managing director, Reliance Industries, said. "With over 22x subscription, and strong listing appreciation, the issue has set multiple global benchmarks."
The ₹30,213-crore offering was subscribed 22.19 times. Its shares ended their debut session 27% above the ₹1,119 issue price. As of Friday's close, Jio reached a market capitalisation of nearly ₹13.18 lakh crore, compared with nearest peer Bharti Airtel's ₹12.30 lakh crore.