INDIA MARKET LENS
IPO◆ MixedQuarterly ResultsIPO & Listings

After IPO listing, Jio Platforms Q2 results 2026 announced: Check ARPU, profit, revenue, EBITDA, Subscriber Base details

Reliance Industries moved higher in a quarterly results development for Q2FY27.

· LiveMint Markets

Jio Platforms reported a 13.7% year-on-year rise in Q2FY27 net profit to ₹8,389 crore, while revenue climbed 11.4% to ₹40,475 crore. EBITDA grew 16.6% to ₹21,879 crore, and ARPU reached ₹218.8. The company added 9.1 million subscribers.

Period
Q2FY27

Reliance Industries reported ₹8,389 crore, ₹40,475 crore and ₹21,879 crore for Q2FY27, with movement of 13.7%, 11.4% and 16.6% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.2% on the day at ₹1,164.90, and has returned -9.9% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 points behind its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • In focus: Reliance Industries (Jio) (RELIANCE), in Oil & Energy.
  • Over three months: Reliance Industries (Jio) -9.9% against Oil & Energy -5.7% (4.2 points behind).
  • At least 25% below the 52-week high: Reliance Industries (Jio) (27%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Reliance Industries (Jio)RELIANCE · Oil & Energy₹1,164.90-0.2%-1.9%-9.9%-26.8%1.0×—

Oil & Energy

1M -4.8% · 3M -5.7%

Reliance Industries (Jio)

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

RELIANCEOil & Energy