JioStar Q2 profit after tax falls 13.2% as revenue grows 9.8%
JioStar reported a 13.2% drop in profit after tax to 1,147 crore rupees while gross revenue rose 9.8% in the September quarter, Moody's reports.
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what happened
Media company JioStar reported that profit after tax in the September quarter of FY27 fell 13.2%, to 1,147 crore rupees. Moody's cites the earnings statement of Reliance Industries for the figures.
Gross revenue, however, climbed 9.8% to 7,944 crore rupees, and revenue from operations rose 10.1% to 6,806 crore. The company credited growth to subscriptions and digital advertising. Monthly active users on its JioHotstar streaming platform averaged 440 million, up 10% year on year.
The statement also highlighted sports broadcasts, including the England-India cricket series, Wimbledon, the US Open and the start of the Premier League season. The company said its linear TV business continues to lead the market.
why it matters
A profit decline alongside rising revenue means a larger share of income did not reach the bottom line. The text does not explain the cause, so these figures should be read alongside the cost data in Reliance's full report.
market impact
Reliance Industries: media unit profit falls while revenue grows, a mixed signal for the segment
tags
instruments
sources
- JioStar Q2 PAT falls 13.2% to ₹1,147 crore; revenue rises 9.8% — Moody's, 31 October 2026 at 04:50 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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