Jio Q2 Preview: First results after listing. What should investors expect?

Mukesh Ambani-led Jio Platforms will announce its first quarterly earnings as a listed company on Friday, October 30, just two days after making a blockbuster debut on Dalal Street. Brokerages expect strong subscriber additions and a modest improvement in average revenue per user (ARPU) to drive double-digit revenue growth in the September quarter.

Nomura expects Jio’s revenue from operations to rise 11% year-on-year and 3% sequentially to Rs 40,400 crore in the second quarter of FY27, supported by healthy customer additions and improved subscriber monetisation.