With 500 million users, rising profits, and global ambitions, Jio is set to take its indigenous tech stack to the world.
Jio Posts Strong Q2 FY26; ARPU and Profits Up
Reliance Jio, India’s largest telecom operator, has reported a net profit of ₹7,375 crore for Q2 FY26, marking a 12.8% year-on-year growth.
- The ARPU (Average Revenue Per User) rose to ₹211.4, an 8.4% YoY increase.
- Jio’s subscriber base has crossed 500 million, a milestone reflecting massive reach and scale.
Despite having a lower ARPU than Airtel, Jio’s large-scale business model allows it to maintain strong profitability.
Akash Ambani: Jio Will Keep Leading India’s Digital Revolution
Following the results, Akash Ambani, Chairman of Reliance Jio, reaffirmed the company’s commitment to technological innovation and nation-building.
“Jio has proudly served over 500 million subscribers… This has been possible due to Jio’s Deep-Tech initiatives which have sparked India’s technological revolution… Jio will continue to bring new-age technologies and enhance the life of every Indian citizen.”
He emphasized that Jio’s indigenous technology stack, already proven at scale in India, is now ready for global expansion.
Deep-Tech and the Digital India Mission
Jio has played a pivotal role in India’s Digital India vision, offering:
- 5G rollout at massive scale
- AI-driven networks and edge computing
- Broadband access in rural and urban markets
Akash highlighted that Jio’s homegrown tech has become the backbone of India’s digital infrastructure, supporting everyday needs from connectivity to content.
IPO Plans and Global Vision
Jio is gearing up for a major IPO in the first half of 2026, a move that is expected to:
- Unlock significant value for Reliance Industries
- Attract global investors focused on tech-driven telecom innovation
Post-IPO, Jio aims to export its technology stack internationally, aligning with Akash Ambani’s ambition to “take our homegrown technology around the world.”
This IPO will be followed by another market-shaping listing—Reliance Retail Ventures Ltd. (RRVL)—which could become the largest in Indian history.
Conclusion: Jio Stays Committed to Innovation and Growth
Akash Ambani’s statement cements Jio’s role not just as a telecom leader, but as a technology-first company with global ambitions.
- With 500 million+ users, strong financials, and a proven tech backbone, Jio is poised to lead the next phase of digital transformation in India—and abroad.
