Figures last updated 21 Oct 2026, 11:00 PM IST · How we work · Report an error
What the company does and where it sits in its industry
Jio Platforms Limited operates a technology platform offering digital connectivity and a suite of digital applications and enterprise solutions across India.
Jio Platforms Limited is a technology platform built on proprietary digital technology and pan-India digital connectivity as the foundational layer, driving digital transformation in India. Through its material subsidiary, Reliance Jio Infocomm Limited (RJIL), the company provides wireless broadband (4G and 5G), fixed broadband services (JioFiber and JioAirFiber), and enterprise connectivity solutions. As of June 30, 2026, RJIL served 533.3 million customers in India.
The company also offers a suite of digital applications and enterprise solutions, including digital entertainment (JioTV+, JioSaavn, JioGames), cloud and productivity tools (JioAICloud, JioPC), smart home IoT solutions (JioHome, Jio Set-top-box), enterprise cloud and security, communications platform-as-a-service (JioCX), and AI-driven platforms (JioBrain).
The company earns revenue primarily from digital connectivity services sold directly and through distributors via subscription-based tariff plans, as well as enterprise managed services, cloud services, and digital service offerings.
The company offers mobile connectivity (4G and 5G), fixed broadband (JioFiber and JioAirFiber), digital applications (JioTV+, JioSaavn, JioGames, JioAICloud, JioPC), smart home IoT devices, enterprise connectivity, CPaaS, cloud solutions, and the JioBrain AI platform.
The company operates an integrated technology and digital services platform delivering connectivity and bundled digital applications directly to retail consumers and enterprises via subscription plans, leased lines, and outcome-oriented managed services.
The company is the market leader in digital connectivity in India, carrying ~60% of India's wireless data traffic in Fiscal 2026 and serving 533.3 million customers as of June 30, 2026.
Who controls the company, and how much of it they hold
Reliance Industries Limited
Points to weigh, drawn from the offer document and the figures on the other tabs
The company's platform is built on a vertically integrated proprietary technology stack across network, device engineering, software, operating systems, and applications, supported by 7,220 patent applications filed across 4G, 5G, 6G, and AI-driven network automation as of June 30, 2026.
The company is the largest digital connectivity player in India with 533.3 million customers and the third largest 5G customer base globally with 284.9 million 5G customers as of June 30, 2026.
The company has access to 360,537 Network Towers (a majority fiberised), over 1.0 million route kilometres of fibre network, and holds 26,800.8 MHz of spectrum with an average remaining life of approximately 15.8 years as of June 30, 2026.
The company utilises proprietary platforms such as JioBrain for autonomous network operations, JioGridX for tracking 82 network parameters in real time, and digital twin technology for network planning and roll-out.
Consolidated revenue from operations grew from ₹1,095,581 million in Fiscal 2024 to ₹1,468,853 million in Fiscal 2026, while net leverage improved from 0.88x in Fiscal 2024 to 0.36x in Fiscal 2026.
The unified licence held by RJIL is due for renewal in October 2033, and any inability to maintain or renew licences or successfully bid for required spectrum could materially adversely impact business and operations.
The company relies on agreements with RIL and Reliance Retail Limited for project execution, data centres, and pre-paid connectivity distribution; any disruption in these services could adversely affect operations.
RJIL contributed 87.74% of consolidated revenue from operations, 94.88% of EBITDA, and 93.76% of PAT in Fiscal 2026; any deterioration in RJIL's business would adversely impact the group.
As of June 30, 2026, total borrowings stood at ₹613,722 million. Inability to meet debt obligations or obtain additional financing for ongoing capital expenditures could affect financial condition and growth.
The company relies on a limited group of providers, including Summit Digitel Infrastructure Limited for 174,451 towers and Jio Digital Fibre Private Limited for ~98% of its optic fibre network as of June 30, 2026.
Citigroup Global Markets India Private Limited, CLSA India Private Limited, DAM Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jefferies India Private Limited, JM Financial Limited, J.P. Morgan India Private Limited, SBI Capital Markets Limited, UBS Securities India Private Limited, 360 ONE WAM Limited