JioStar Q2 profit drops 13.2% to Rs 1,147 crore as margins contract
JioStar’s net profit fell 13.2% year-on-year to Rs 1,147 crore in the September quarter, even as revenue from operations grew 10.1% to Rs 6,806 crore, according to Reliance Industries’ Q2 FY27 results.
The media and entertainment business had reported a profit after tax of Rs 1,322 crore in the year-ago quarter. Gross revenue rose 9.8% to Rs 7,944 crore from Rs 7,232 crore.
Revenue growth was led by subscription income and digital entertainment advertising, despite a weak advertising environment, RIL said.
