Billionaire Mukesh Ambani’s Reliance Industries reported sturdy monetary and operational outcomes from its media and leisure unit JioStar for the quarter ended June 30, powered by unprecedented digital and tv viewership throughout the Indian Premier League (IPL) cricket event.
India’s monetary yr runs from April to March, making this the corporate’s first fiscal quarter for FY2025–26.
JioStar posted revenues of INR11,222 crore ($1.3 billion), up from INR11,032 crore ($1.28 billion) within the earlier interval. EBITDA (Earnings Earlier than Curiosity, Taxes, Depreciation, and Amortization) rose to INR1,017 crore ($118.1 million), up from INR774 crore ($89.9 million), with margins bettering to 10.6% from 8.1%.
JioHotstar, the group’s flagship streamer, averaged over 460 million month-to-month lively customers throughout the quarter and surpassed 1.04 billion Android downloads. The 2025 IPL drove a lot of this momentum, with JioHotstar alone reaching 652 million viewers – a 28% year-on-year enhance. Peak concurrency throughout the IPL remaining hit 55.2 million, making it the most-watched T20 match ever on digital. Throughout each platforms, IPL 2025 reached a complete of 1.19 billion viewers.
Linear TV viewership additionally surged. The JioStar community reached over 800 million folks throughout the quarter and captured a 35.5% share of leisure viewership. Star Plus remained the main Hindi-language basic leisure channel with six of the highest ten exhibits, whereas Star Utsav grew to become the top-ranked free to air channel on DD Free Dish. Regional flagships Star Pravah, Star Jalsha, Star Maa and Asianet continued to steer of their respective markets.
On the leisure entrance, JioHotstar posted its highest-ever month-to-month watch-time in June. “Felony Justice” opened as the biggest streaming original of 2025 (in accordance with Ormax Media), whereas “Kesari 2” grew to become the most-watched Indian movie of the yr on the platform. Worldwide content material carried out strongly as properly, with “Mufasa: The Lion King” changing into JioHotstar’s most-viewed worldwide title so far.
The corporate additionally secured unique digital rights to India’s ongoing five-Take a look at cricket collection in opposition to England, including to a sports activities portfolio that already included the ICC World Take a look at Championship Remaining.
Revenue after tax greater than doubled to $67.4 million from $26.6 million. Working income reached $1.11 billion, whereas depreciation and finance prices stood at $36.7 million and $13.7 million, respectively.
“Reliance’s media enterprise has emerged as a one-stop platform for leisure, sports activities and information content material from all around the world. We are going to proceed to reinforce our suite of choices throughout genres to cater to the discerning Indian viewers,” Ambani stated.
