JioStar losses weigh less on Disney as India JV performance improves

Mumbai: The Walt Disney Company continued to report losses from its stake in India joint venture with Reliance Industries JioStar, though the losses narrowed sharply in the March 2026 quarter, Disney’s quarterly US Securities and Exchange Commission filing showed.

Disney reported an equity loss of $64 million from the India JV in the quarter ended March 28, 2026, down from $103 million a year earlier. For the six-month period, losses narrowed to $92 million from $136 million.

An equity loss means a company is reporting its share of losses from a business it owns partly but does not fully control.