JioStar profit climbs 14.5% to ₹665 crore on IPL, 'Dhurandhar' and Tadka microdramas
Reliance's media arm posted revenue of ₹10,946 crore (up 14%) and Ebitda of ₹933 crore (up 30.7%) in the June quarter. JioHotstar crossed 300 million paid subscribers with MAU of 530 million, while IPL digital reach hit 700 million and TV viewership share held at 34%.
What happened
JioStar, Reliance's media arm, posted 14.5% profit growth to ₹665 crore in June quarter, driven by IPL, hit film Dhurandhar, and microdrama hub Tadka;
Key facts
- net profit ₹665 crore up 14.5% YoY
- revenue ₹10,946 crore up 14% YoY
- Ebitda ₹933 crore up 30.7%
- JioHotstar MAU 530 million up 15%
- IPL digital reach 700 million
- 300 million paid subscribers
- Tadka 100 million active users
- TV viewership share 34%
Why this matters
With 700 million IPL digital reach, 34% TV share and 300M+ paid subs, JioStar's scaled distribution makes it a strong partner or acquirer for content and microdrama IP plays.
What to watch
- Q2/Q3 ARPU and paid-sub net adds post-IPL to test seasonality vs structural growth
- Content/sports rights renewal costs and any new cricket bid outlays
- TV viewership share trajectory (currently 34%) amid streaming cannibalization
- Ad revenue mix and CPM trends outside IPL windows
- Competitive moves from Netflix/Amazon/Sony on pricing and exclusive content
- JioStar pushes ARPU via bundled JioHotstar tiers and telco cross-sell with Jio broadband/mobile subscribers
- Scale Tadka microdrama slate to capture short-form ad and low-tier subscriber cohorts
- Lock in advertiser upfronts ahead of next IPL/BCCI cycle and festive-season tentpoles
- Leverage 'Dhurandhar'-style theatrical-to-streaming windows to drive subscriber acquisition