JioStar sees a dip in sports contract provisions in FY26
Mumbai: JioStar India, the Reliance Industries-Disney joint venture formed after the merger of Disney Star and Viacom18, reduced its onerous sports contract provision to ₹17,742 crore in FY26 as the company worked through the costly sports rights commitments that weighed on its books.
The company utilised ₹8,018 crore of the provision in FY26 from ₹25,760 crore at the end of FY25, with no fresh heavy provision during the year, according to its standalone financial statements for the year ended March 2026.
