Jio likely to see 2.5-3.4% revenue growth in Q1

Reliance Jio is expected to post 2.5%–3.4% QoQ (quarter-on-quarter) revenue growth for the June quarter (Q1FY26), driven by robust subscriber additions and a steady improvement in average revenue per user (ARPU), analysts said.

Revenue for Jio Platforms is projected to grow sequentially to around Rs 31, 000–31, 200 crore. This growth will be driven by an estimated 7–7.2 million net additions during the quarter, of which 2–2.5 million are expected to be mobile subscribers, according to Axis Capital and JM Financial.