Jio, also known as Reliance Jio, is privately owned and headquartered in India. Founded in 2010, the company has an estimated 49,750 employees and functions as a tier 1 media tech buyer. It specializes in providing broadband and telecom services. The company utilizes Long-Term Evolution (LTE) technology to operate its mobile and broadband networks, and its media offerings encompass libraries and programs of recorded and live music, sports, live and catch-up television, movies, and events.
On April 25, 2026, Reliance Jio Infocomm reported a 10.16% increase in standalone net profit for the March 2026 quarter, with sales rising 11.20% to Rs 33381.00 crore. The company's full-year net profit for the period ended March 2026 grew 13.62% to Rs 28173.00 crore, up from Rs 24795.00 crore in the previous fiscal year. Earlier the same day, Jio Platforms announced a 13% rise in profit after tax (PAT) to Rs 7935 crore for its March quarter, a gain attributed to growth in its subscriber base and improved average revenue per user (ARPU), as per a Reliance Industries Limited filing. Additionally on April 25, Jio introduced a new ₹459 prepaid "Youth and Gaming Package" in India, which includes 61GB data, cloud storage, and premium apps, targeting individuals engaged in gaming, streaming, and social media activity. This series of announcements followed Reliance Industries Chairman Mukesh Ambani's hint about the much-awaited IPO of Jio Platforms, which he called a "defining milestone" and stated the company is steadily moving toward its listing.
Jio offers 5 products in the media and telecoms services industry. Jio's product portfolio comprises of media and TV services, consumer electronics and telecoms.
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