🚀 Business & Startups🇮🇳 India
Jio Platforms Posts ₹7,764 Cr Profit, Kicks Off India's Biggest-Ever IPO Push
mint - companies·Saturday, 18 July 2026
Jio Platforms reported a consolidated profit after tax of ₹7,764 crore in Q1 FY27, up 9.2% year-on-year, with earnings growing 15% YoY. The telecom giant has filed its draft red herring prospectus with SEBI and is set to begin informal meetings with large investors next week ahead of formal global roadshows. The IPO could raise ₹32,000–35,000 crore, making it India's largest ever public offering.
Why It Matters
If you use Jio — or invest in markets — this IPO will be one of the biggest financial events of the year for Indian retail investors.
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