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Jio Platforms Ltd share price gained 0.57% to Rs 1431.2 after the company`s net profit inched up 8.02% to Rs 8387.0 crore, while revenue from operations slightly gained 3.32% to Rs 40475.0 crore in Q3FY26 over Q2FY26. The market capitalization of Telecom - Cellular & Fixed line services industry group stocks on BSE stood at Rs 15.11 lakh crore, gaining 4.22%. It has sharply increased by 95.28% over last one week and soared by 86.19% in last one month while the market capitalization of Jio Platforms Ltd has remained flat Profit before tax (PBT) of Jio Platforms Ltd stood at Rs 11259.0 crore in Q3 FY26, rising by 13.30% year-on-year, and easing 7.98% quarter-on-quarter. EBITDA came in at Rs 19923 crore, improving 14.18% YoY and rising 5.89% sequentially. Total expenses grew marginally by 1.47% to Rs 27185.0 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 1699.0 crore, inching up 0.89% YoY. For the TTM ended FY26, revenue from operations advanced 14.56% to Rs 1.47 lakh crore, while net profit expanded by 15.06% to Rs 30053.0 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 6505120% to Rs 70507.0 crore, and PBT improved 14.88% to Rs 40353.0 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 77556.3 crore in FY26, as against Rs 68155.7 crore in FY25.

Jio Platforms Limited will hold a board meeting on Friday, October 30, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, and will host an analyst meet afterward to discuss the results.

Jio Platforms (JPL) announced an agreement with SpaceX to offer Starlink`s broadband internet services to its customers in India. This agreement, which is subject to SpaceX receiving its own authorizations to sell Starlink in India, enables Jio and SpaceX to explore how Starlink can extend Jio`s offerings and how Jio can complement SpaceX`s direct offerings to consumers and businesses. Jio will make Starlink solutions available through its retail outlets as well as through its online storefronts. Through this agreement, the parties will leverage Jio`s position as the world`s largest mobile operator in terms of data traffic and Starlink`s position as the world`s leading low Earth orbit satellite constellation operator to deliver reliable broadband services across the country, including the most rural and remote regions of India. Jio will not only offer Starlink equipment in its retail outlets but will establish a mechanism to support customer service installation and activation. The agreement with SpaceX is part of Jio`s commitment to ensuring that reliable internet is fully accessible to all enterprises, small and medium businesses, and communities across India. Starlink complements JioAirFiber and JioFiber by extending high speed internet to the most challenging of locations in a quick and affordable manner. Jio and SpaceX are also evaluating other complementary areas of cooperation to leverage their respective infrastructure to further enhance India`s digital ecosystem. Powered by Capital Market - Live News