Jio Platforms, a subsidiary of Reliance Industries Ltd, reported a 13% year-on-year increase in net profit, reaching ₹7,935 crore for the January-March quarter (Q4FY26). This growth is attributed to robust subscriber additions and higher data consumption, with revenue from operations climbing to ₹38,259 crore, a 12.6% year-on-year rise. The company added 9.1 million subscribers during the quarter, increasing its total subscriber base to 524.4 million. Average revenue per user (Arpu) also saw a modest increase, rising to ₹214 per month, reflecting a 3.8% year-on-year growth. Mukesh D. Ambani, chairman of Reliance Industries, noted that the company is progressing towards its IPO, anticipated by mid-2026, which could further enhance its valuation. Analysts predict potential tariff hikes of 15-20% in the telecom sector following the IPO, although Jio has previously indicated that growth will be driven by organic Arpu increases rather than price hikes.