JioHotstar has posted a strong financial performance in FY26, marking a significant shift in India’s OTT and broadcast landscape. Backed by Reliance Industries, the company is reshaping the digital entertainment sector with rapid growth across platforms and services.
The company reported an operating revenue of Rs. 31,048 crore along with an EBITDA of Rs. 4,885 crore. Net profit stood at Rs. 3,210 crore for the fiscal year ending March 31, 2026, reflecting sharp expansion in operations.
This is a major jump compared to FY25, when revenue was Rs. 9,497 crore and net profit stood at Rs. 229 crore. However, FY25 figures represent only a partial year after the joint venture formation with The Walt Disney Company and Bodhi Tree Systems.
JioHotstar’s digital platform has become a key growth driver for the business. In the fourth quarter alone, it recorded around 500 million monthly active users, showing strong audience engagement across its streaming ecosystem.
Subscription growth also reached record levels, supported by flexible pricing models aimed at wider accessibility. This approach has helped strengthen its direct-to-consumer base while increasing overall platform usage.
On the television side, JioHotstar secured a 34.2% entertainment viewership share. The network reached over 810 million viewers through more than 100 channels, reinforcing its dominance in the traditional broadcast segment.
Quarterly results remained stable, with Q4 FY26 revenue at Rs. 8,372 crore and net profit at Rs. 419 crore. Performance was further supported by major sporting events that attracted large audiences across platforms.
Events such as the ICC Men’s T20 World Cup 2026 and the Women’s Premier League played a key role in boosting viewership and engagement. These tournaments helped strengthen both advertising and subscription revenue streams.
The company also integrated AI-driven content discovery systems developed in collaboration with OpenAI. Along with in-app commerce features during live broadcasts, these innovations improved user interaction and engagement across services.
JioHotstar’s overall performance reflects Reliance’s broader strategy of scale, pricing aggression, and ecosystem integration. If this momentum continues, it could significantly reshape India’s OTT market, similar to the disruption seen earlier in the telecom sector.
