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JioStar, the RIL-Disney joint venture, posted a Q1FY26 net profit of ₹581 crore and ₹9,601 crore revenue, driven by IPL's record performance on TV and digital. Despite weak FMCG ad spends, strong sports and subscription income lifted earnings. JioStar, the joint venture between Reliance Industries Limited (RIL) and Walt Disney, reported a net profit of ₹581 crore for the quarter ended June, according to RIL's quarterly financial disclosure. The company recorded an EBITDA of ₹1,017 crore ...Read More >
NEW DELHI: India's smartphone and electronics industry has raised serious concerns over what it describes as informal but targeted trade restrictions imposed by China. The India Cellular and Electronics Association (ICEA), in a letter to the government, sought swift policy measures to address these unofficial restrictions, which could derail the country's $32 billion export-driven manufacturing ambitions. As per the ICEA letter, India's electronics manufacturing sector remains heavily reliant o ...Read More >
New Delhi, July 18 (PTI) JioStar, the JV created after the merger of the media business of Reliance and the India business of global media giant Walt Disney, has reported revenues of Rs 11,222 crore in the June quarter with an EBITDA of Rs 1,017 crore. The JV had reported a revenue of Rs 10,006 crore in the previous January-March quarter. "1Q FY26 was driven by a successful IPL season with strong growth across both TV and digital platforms," said an earnings statement from Reliance Industries. ...Read More >
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