Jio Platforms Q2 profit rises 13% on premium push, broadband demand ahead of IPO

IPO-bound Jio Platforms on Friday reported a steady growth in the July–September quarter, powered by a growing user base, strong demand for home broadband, and a shift toward higher-value customers.

Jio Platforms, which houses Reliance Industries Ltd’s telecom and digital services business, reported a 3.7% sequential and 12.8% YoY (year-on-year) growth in net profit to ₹7,375 crore during the quarter.

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