Jio Platforms Limited · NSE:JPL
Jio Platforms — Q2 FY27 Earnings Presentation
23 slides from Jio Platforms's earnings presentation, Oct 30, 2026
Slide 1: Regulation 30 disclosure letter to exchanges
October 30, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, G Block, Bandra - Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 545004 Trading Symbol: JPL Dear Sirs, Sub: Disclosure under Regulatio
Slide 2: Q2 and H1 FY27 Results Presentation
Q2 and H1 FY27 Results Presentation 30 Oct 2026 1
Slide 3: Forward Looking Statement
Forward Looking Statement This presentation contains forward-looking statements which may be identified by their use of words like "plans," "expects," "will," "anticipates," "believes," "intends," "projects," "estimates" or other words of similar meaning. All statements that address expectations or
Slide 4: Q2 FY27: Performance Update
Q2 FY27: Performance Update Total Customer Base 5G Customer Base Total Broadband Homes Monthly Data Consumption per Customer 542.4 Mn 300 Mn 30 Mn 44.2 GB / Month Net Adds 36 Mn YoY Net Adds 66 Mn YoY Net Adds 7.3 Mn YoY ~14% YoY Connectivity ARPU Revenue from Operations Reported EBITDA EBITDA Less
Slide 5: Jio's Virtuous Performance Cycle
Jio’s Virtuous Performance Cycle GROW Grow our mobility, home and business customer base with high-speed connectivity and digital services DEEPEN Increase customer value through deeper digital engagement and stronger retention Translate growth into profit and cash through operating leverage, cost ef
Slide 6: India Opportunity and Jio's Right to Win
India Opportunity and Jio’s Right to Win Mobility Home Broadband Digital Economy Customers (Mn) Customers (Mn) US$ Tn Broadband (4G+5G) Others % HH 100%+ % of Mobile broadband ~20% ~46% vs ~14% ~22% 68% 88% Penetration GVA penetration 100%+ (% of Population) 61% ~1.4 1,367 1,266 +340 150 ~0.6 1,002
Slide 7: Massive Customer Growth: 542 Mn Customers; 300 Mn Now on 5G
Massive Customer Growth: 542 Mn Customers; 300 Mn Now on 5G 5G Subscribers at ~300 Mn, world's largest 5G operator Total Customer Base (Mn) 5G Customer Base (Mn) outside China and higher than the combined 5G base of top 2 US operators Net Adds: QoQ +9 Mn | YoY +36 Mn Net Adds: QoQ +15 Mn | YoY +66 M
Slide 8: AirFiber Driving Home Broadband Market Share
AirFiber Driving Home Broadband Market Share Fixed broadband customers ~30Mn Jio Home base ~30 Mn subscribers; JioAirFiber customers (Mn) AirFiber (including UBR) as Growth Engine reaches ~15.1 Mn 9.6 11.5 12.9 14.0 15.1 subscribers 30.0 28.6 Jio net adds 2x higher than nearest 27.1 competitor in th
Slide 9: Multiple Flywheels Creating Strong Network Effect
Multiple Flywheels Creating Strong Network Effect More Customers Better Deeper Distribution Capabilities Engagement Future Ready Personalized Insights Ecosystem Scale Better Products and Technology Better Data Distribution Monetization Services Flywheel Flywheel Flywheel Higher investment in Network
Slide 10: Gateway to Digital India: Co-creating Market with Partners
Gateway to Digital India: Co-creating Market with Partners Entertainment Artificial Intelligence Financial Services Productivity AI-Pro Deep Customer Understanding – Jio’s secret sauce to building the digital gateway 9
Slide 11: Superior 5G SA Network Enables Engagement Beyond Connectivity
Superior 5G SA Network Enables Engagement Beyond Connectivity Jio’s offerings leads to Data Consumption per superior customer Customer (GB / month) engagement Mobility Digital Services 44.2 43.7 38.7 5G SA network – Faster Entertainment – streaming, speed, wider coverage and music and live sports lo
Slide 12: STB Gateway to Many Touchpoints across One Home
STB Gateway to Many Touchpoints across One Home Entertainment Play Work Jio TV+ JioGames JioPC Largest Cloud Gaming Cloud Desktop on Integrate Content Platform Subscription, No Across OTT Platforms for Pro-Level Gaming Hardware to Buy and TV Channels 5 Hours+ Affordable Gaming Affordable and Secure
Slide 13: Enterprise: Beyond Connectivity: One Partner for Every Business Relationship
Enterprise: Beyond Connectivity: One Partner for Every Business Relationship Quantum Safe SD-WAN / Unified Threat Security Security Network Firewall Management Operation Center SaaS Video AI/ML Based Platforms Communication IoT Solutions Analytics Analytics Cloud Enterprise Hybrid Multi Cloud Comput
Slide 14: Operating and Financial KPIs (1 of 2)
Operating and Financial KPIs (1 of 2) Q2 Q1 Q2 H1 H1 KPI / unit FY27 FY27 FY26 FY27 FY26 Operating KPIs Total Customer Base (Mn) 542.4 533.3 506.4 542.4 506.4 Net Customer Addition (Mn) 9.1 8.9 8.3 18.0 18.2 ARPU (For exit quarter) (₹ / month) 218.8 215.6 211.4 218.8 211.4 Data Traffic (billion GB)
Slide 15: Operating and Financial KPIs (2 of 2)
Operating and Financial KPIs (2 of 2) KPI / unit Q2 FY27 Q1 FY27 Q2 FY26 H1 FY27 H1 FY26 EBIT (₹ Cr) 14,268 13,407 12,082 27,675 23,738 EBIT Margin (%) 35.3% 34.2% 33.3% 34.8% 33.3% Profit Before Tax (PBT) (₹ Cr) 11,259 10,427 9,937 21,686 19,488 PBT Margin (%) 27.8% 26.6% 27.4% 27.2% 27.3% Profit A
Slide 16: Strong Balance Sheet at 0.10x Net Leverage
Strong Balance Sheet at 0.10x Net Leverage KPI / unit Q2 FY27 Q1 FY27 Q2 FY26 QoQ YoY Total Borrowings 58,943 61,372 74,491 -4.0% -20.9% Cash and Marketable Securities 50,121 51,833 33,330 -3.3% 50.4% Net Debt 8,822 9,539 41,161 -7.5% -78.6% Net Leverage (x) 0.10 0.11 0.55 -11.8% -81.6% Net Leverage
Slide 17: RJIL: H1 FY27 Financials
RJIL: H1 FY27 Financials Operating Revenue (₹ crore) EBITDA (₹ crore) 58.1% 35,307 20,505 34,212 56.1% 19,590 33,381 18,771 32,751 18,408 31,857 17,874 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 EBITDA Margin ➢ RJIL operating revenue growth of 10.8% YoY with sustained subs
Slide 18: Jio Platforms Limited: Q2 FY27 Financial Performance
Jio Platforms Limited: Q2 FY27 Financial Performance JPL Consolidated % YoY ➢ Revenue from operations at ₹ crore Q2 FY26 Q2 FY27 Change Q1 FY27 ₹40,475 crore, 11.4% YoY growth 1 Gross Revenue 42,652 47,485 11.3 45,961 Operating Revenue 36,332 40,475 11.4 39,173 ➢ EBITDA increased to ₹21,879 crore; E
Slide 19: Building for Future Growth
Building for Future Growth Proprietary Technology Gateway to Digital India Enterprise International Opportunity ➢ Integrated capabilities across ➢ Distribute own and partner ➢ Extend connectivity ➢ Monetise proprietary network technology, devices, products and services at scale relationships into en
Slide 20: Jio's Unbeatable Competitive Advantage
Jio’s Unbeatable Competitive Advantage 1 Full-Stack Technology Company with Deep Engineering and Proprietary IP 2 Serving Consumers, Homes and Businesses at Nation Scale 3 Unmatched Distribution Capabilities 4 Culture of Innovation Driving Execution and Operating Excellence 5 Multiple Growth Engines
Slide 21: Thank You
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Slide 22: KPI Definitions
KPI Definitions KPI Definition Total Customer Base Total Customer Base refers to total customers of our licensed entity, i.e., RJIL, as of the end of an exit quarter. Net Customer Addition has been computed as the difference between the Total Customer Base as of the end of the period and the Total N
Slide 23: KPI Definitions
KPI Definitions KPI Definition EBIT EBIT refers to earnings before interest and tax and has been computed as EBITDA less Depreciation and Amortisation Expense. EBIT Margin EBIT Margin refers to EBIT as a percentage of Revenue from Operations. Profit Before Tax refers to Profit Before Share of Profit