Jio Platforms posts 9% profit rise and files IPO prospectus, eyeing ₹32 to 35 000 cr raise
Jio Platforms’ Q1FY27 profit jumped 9.2% to ₹7,764 cr, with earnings up 15% YoY, driven by higher ARPU and digital services. The arm also filed its draft red-herring prospectus, signalling an IPO that could raise ₹32 to 35 000 cr and cement its role in India’s digital growth.