New Delhi, Apr 24 (PTI) Media and entertainment platform JioStar on Friday posted a gross revenue of Rs 9,784 crore and a profit after tax (PAT) of Rs 419 crore during the March quarter.
The annual gross revenue of JioStar -- a joint venture created after the merger of the media business of Reliance and the India business of global media giant Walt Disney -- for 2025-26 was at Rs 36,248 crore.
JioStar's "subscription revenue momentum was strong across digital & TV through the year", according to the earnings statement issued by RIL.
In 2026, digital ad revenue across sports and entertainment hit a record high, driven by CTV & focused content monetisation.
However, TV entertainment ad revenue remained under pressure, due to continued spending cuts by FMCG.
In the March quarter, JioStar's revenue from operations was at Rs 8,372 crore. Its pre-tax profit (EBITDA) was at Rs 827 crore with an industry-leading margin of 28.1 per cent.
Its EBITDA for 2025-26 was at Rs 4,885 crore, which according to RIL was "industry leading annual EBITDA margin despite challenging macro environment".
The "growth is driven by a stacked sports lineup and record engagement across marquee entertainment franchises".
The JV, which owns most of the marquee cricket broadcasting rights, had averaged 500 million monthly active users (MAUs) during the quarter, with the T20 Men's Cricket WC Final achieving a record 72.5 million peak concurrency, which is "the highest-ever for any property and a global record".
Moreover, in the current season of IPL, it is having a "15 per cent growth in digital reach over IPL 25 and 27 per cent growth in CTV Reach over IPL 25."
TATA IPL 2026 opened at a record scale with deeper engagement across platforms, reaching over 515 million viewers on linear TV and digital during the opening weekend, it said.
During the quarter, network continued to retain leadership in key markets with TV entertainment viewership share at 34.2 per cent share, reaching over 810 million viewers pan-India, it said.
"Linear TV share in FY26 grew 0.8 per cent year-on-year to 34.7 per cent, which is close to the next 3 networks combined," it said.