JioStar profit drops 13% to ₹1,147 cr despite revenue gains

Business Oct 30, 2026

JioStar, Reliance's entertainment wing, saw its profit drop 13% to ₹1,147 crore last quarter, even though revenue actually rose 10% to ₹6,806 crore.

The boost came from subscription and streaming revenue, but the company struggled with a tough ad market.

JioStar EBITDA falls nearly 14%

Earnings took another hit as linear TV ad revenue remained "under transition" and EBITDA fell nearly 14%.

JioHotstar's monthly active users also slipped from 530 million to 440 million since last quarter, though that's still higher than last year.

For the first half of this financial year, revenue jumped 12%, but profit after tax dipped almost 5%, showing just how tricky ad-driven business can be right now.