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Jio Files IPO Papers with SEBI as Q1 Profit Rises 9% to ₹7,764 Crore

Mint·Sunday, 19 July 2026
Jio Files IPO Papers with SEBI as Q1 Profit Rises 9% to ₹7,764 Crore

Jio Platforms posted a 9.2% rise in net profit to ₹7,764 crore for Q1 FY27, with earnings growing 15% year-on-year. The company also filed its Draft Red Herring Prospectus with SEBI, marking a major step toward its public listing, expected to raise ₹32,000–35,000 crore.

Why It Matters

A Jio IPO would be one of the biggest stock market listings in Indian history, giving millions of retail investors a chance to own a piece of India's largest telecom company.

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