JioStar, the media joint venture between Reliance Industries and Walt Disney’s India business, reported a consolidated revenue of Rs 8,010 crore for the third quarter of FY26, while profit after tax stood at Rs 888 crore, the company said in its quarterly disclosure.
The company’s operating revenue rose to Rs 6,896 crore during the quarter, up from Rs 6,179 crore in the previous quarter, reflecting continued momentum across its television network and digital streaming platform, JioHotstar. For the nine-month period ended December 31, 2025, JioStar posted total revenue of Rs 26,464 crore and operating revenue of Rs 22,676 crore.
Profit after tax declined sequentially from Rs 1,322 crore in Q2 FY26, although the company maintained strong profitability for the nine-month period, reporting a cumulative PAT of Rs 2,791 crore.
Operationally, JioStar said its television network reached more than 830 million viewers during the quarter, generating over 60 billion hours of watch time. On the digital side, JioHotstar recorded an average of 450 million monthly active users, marking a 13% increase quarter-on-quarter and remaining close to the IPL-driven highs seen in Q1 FY26.
The company attributed higher digital engagement to flagship entertainment properties such as Bigg Boss across multiple languages, new original series launches, successful film premieres, and rising consumption of international content on the platform.
Sports content continued to play a central role in driving viewership. JioStar said average watch time per men’s ODI and T20 match increased 55% year-on-year, while the Women’s World Cup final attracted 99 million digital viewers, comparable to IPL-scale audience levels.
Subscription growth during the quarter was supported by steady customer acquisition and stable retention trends. The company said its performance was aided by a dense content pipeline across sports and entertainment, along with targeted product initiatives across platforms.
For FY25, defined by JioStar as the period from the completion of the Disney Star–Reliance merger in November 2024 to March 31, 2025, the company reported gross revenue of Rs 11,032 crore.
JioStar said it continues to focus on strengthening monetisation across both digital and linear television, positioning itself as a leading destination for live sports and premium entertainment content in India.
