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Jio Platforms filed its draft red herring prospectus with SEBI this week, marking what Mukesh Ambani called a "monumental milestone" for India's largest telecom and digital services company. The IPO-bound subsidiary reported Q1 FY27 profit of ₹7,764 crore, up 9.2% year-on-year, with revenue from operations climbing 11.8% to ₹39,173 crore. ARPU inched up to ₹215.6 while the subscriber base crossed 533 million, adding 35.2 million users over the past year. The 5G...
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