RELIANCE JIO INFOCOMM LIMITED UNAUDITED STANDALONE FINANCIAL RESULTS FOR QUARTER / NINE MONTHS ENDED 31ST DECEMBER 2025

Jan 17, 2026

RELIANCE JIO INFOCOMM LIMITED

UNAUDITED STANDALONE FINANCIAL RESULTS FOR QUARTER / NINE MONTHS ENDED 31ST DECEMBER 2025

(₹ in crore, except per share data)

Particulars	Quarter Ended			Nine Months Ended		Year Ended (Audited)
Particulars	31st Dec’25	30th Sep’25	31st Dec’24	31st Dec’25	31st Dec’24	31st Mar’25
INCOME
Value of Services	38,514	37,525	34,513	1,12,350	99,024	1,34,419
Less: GST Recovered	(5,763)	(5,668)	(5,206)	(16,860)	(14,901)	(20,278)
Revenue From Operations	32,751	31,857	29,307	95,490	84,123	1,14,141
Other Income	664	599	320	1,874	611	947
Total Income	33,415	32,456	29,627	97,364	84,734	1,15,088
EXPENSES
Network Operating Expenses	8,555	8,443	8,359	25,450	24,526	32,932
Access Charges	727	652	564	1,764	1,191	1,685
License Fees/Spectrum Charges	2,948	2,916	2,681	8,684	7,710	10,494
Employee Benefits Expense	518	475	502	1,490	1,483	1,987
Finance Costs	2,122	2,118	1,268	6,321	3,491	4,837
Depreciation and Amortisation Expense	6,652	6,391	5,832	19,247	17,173	23,098
Selling and Distribution Expenses	1,167	1,081	944	3,282	2,628	3,641
Other Expenses	1,092	1,015	779	3,111	2,151	3,116
Total Expenses	23,781	23,091	20,929	69,349	60,353	81,790
Profit Before Tax	9,634	9,365	8,698	28,015	24,381	33,298
Tax Expenses
Current Tax	-	-	-	-	-	-
Deferred Tax	2,461	2,393	2,221	7,159	6,228	8,503
Net Profit for the period/year	7,173	6,972	6,477	20,856	18,153	24,795
Other Comprehensive Income
(i) Items that will not be reclassified to profit or loss	(8)	8	(8)	(1)	2	2
(ii) Income tax relating to items that will not be reclassified to profit or loss	2	(2)	3	0	(0)	(0)
(iii) Items that will be reclassified to profit or loss	(116)	19	302	(265)	337	281
(iv) Income tax relating to items that will be reclassified to profit or loss	30	(5)	(76)	67	(85)	(70)
Total Other Comprehensive (Loss) / Income for the period/ year (Net of Tax)	(92)	20	221	(199)	254	213
Total Comprehensive Income for the period/ year	7,081	6,992	6,698	20,657	18,407	25,008
Earnings per Equity share of face value of ₹10/- each (Not annualised for the quarter/nine months ended)
Basic (in ₹)	1.59	1.55	1.44	4.63	4.03	5.51
Diluted (in ₹)	0.43	0.41	0.38	1.23	1.07	1.46
Paid up Equity Share Capital (Equity Shares of face value of ₹10/- each)	45,000	45,000	45,000	45,000	45,000	45,000
Other Equity						2,16,377
Capital Redemption Reserve	1,000	-	-	1,000	-	-
Net Worth	2,77,109	2,74,936	2,54,611	2,77,109	2,54,611	2,61,253

“0” represents amount below denomination threshold

Particulars	Quarter Ended			Nine Months Ended		Year Ended (Audited)
Particulars	31st Dec’25	30th Sep’25	31st Dec’24	31st Dec’25	31st Dec’24	31st Mar’25
Debt Service Coverage Ratio (Refer Note 6)	3.18	4.55	1.49	2.63	2.79	2.80
Interest Service Coverage Ratio (Refer Note 6)	5.54	5.42	7.86	5.43	7.98	7.88
Debt-Equity Ratio (Refer Note 6)	0.25	0.26	0.27	0.25	0.27	0.27
Current Ratio (Refer Note 6)	0.93	0.89	0.75	0.93	0.75	0.72
Long Term Debt to Working Capital (Refer Note 6)	-#	-#	-#	-#	-#	-#
Bad Debts to Account Receivable Ratio^$ (Refer Note 6)	0.095	0.067	0.054	0.101	0.062	0.149
Current Liability Ratio (Refer Note 6)	0.22	0.24	0.26	0.22	0.26	0.27
Total Debts to Total Assets (Refer Note 6)	0.13	0.13	0.13	0.13	0.13	0.13
Debtors Turnover^$ (Refer Note 6)	99.14	104.02	98.96	126.47	86.38	107.36
Inventory Turnover * (Refer Note 6)	NA	NA	NA	NA	NA	NA
Operating Margin (%) (Refer Note 6)	28.8%	29.0%	27.9%	28.9%	27.5%	27.7%
Net Profit Margin (%) (Refer Note 6)	18.6%	18.6%	18.8%	18.6%	18.3%	18.4%

# Not measurable due to negative working capital

$ Ratios for the quarter/nine months have been annualised

* Not Applicable

NOTES:

The figures for the corresponding previous period have been regrouped / rearranged wherever necessary, to make them comparable.
The Company has largely completed setting up of 5G Network and continues augmenting its existing wireless and wireline network capacity.
The Company is mainly engaged in the business of providing Digital Services. Accordingly, the Company presently has one Digital Services segment as per the requirements of Ind AS 108 - Operating Segments.

During the quarter, the Company has redeemed Optionally Convertible Preference Shares – Series V aggregating Rs.5,000 crore, comprising face value of Rs.1,000 crore and premium on redemption of Rs.4,000 crore.

The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour code viz Code on Wages 2019, Code on Social Security 2020, Industrial Relation Code 2020, and Occupational Safety, Health and Working Condition Code 2020 (collectively referred to as the New Labour Codes). These Codes have been made effective from 21st November, 2025; however, the supporting rules are yet to be notified.

The Company has estimated and recognized the incremental liability pertaining to its employees. This liability is not material to the standalone financial results of the Company.

Formulae for computation of ratios are as follows:

Sr.	Ratios	Formulae
a)	Debt Service Coverage Ratio	Earnings before Interest and Tax (Interest Expense + Principal Repayments made during the period for long term loans)
b)	Interest Service Coverage Ratio	Earnings before Interest and Tax Interest Expense
c)	Debt Equity Ratio	Total Debt Total Equity
d)	Current Ratio	Current Assets Current Liabilities
e)	Long Term Debt to Working Capital	Non-Current Borrowings (Including Current Maturities of Non-Current Borrowings) Current Assets Less Current Liabilities (Excluding Current Maturities of Non-Current Borrowings)
f)	Bad debts to Account Receivable Ratio	Bad Debts Average Trade Receivables
g)	Current Liability Ratio	Total Current Liabilities Total Liabilities
h)	Total Debts to Total Assets	Total Debts Total Assets
i)	Debtors Turnover	Value of Services Average Trade Receivables

Inventory Turnover

Cost of Goods Sold

Average Inventories of Finished Goods, Stock-in-Process and Stock-in-Trade

Operating Margin (%)

Earnings before Interest and Tax - Other Income

Value of Services

Net Profit Margin (%)

Profit After Tax

Value of Services

The Audit Committee has reviewed and the Board of Directors has approved the above results and its release at their respective meetings held on 15th January 2026. The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results.