Reliance Industries’ media and entertainment vertical, comprising JioStar and JioStudios, delivered a robust financial performance for FY26, clocking a revenue of ₹34,917 crore. Speaking at the company’s 49th Annual General Meeting (AGM) on Friday, Akash Ambani announced that the segment generated an EBITDA of ₹5,842 crore and a net profit of ₹3,434 crore for the fiscal year.
Ambani highlighted that the network’s combined television and digital ecosystem has firmly established itself as the undisputed leader in India’s entertainment landscape.
JioStar maintained its massive lead in India’s linear television sector, commanding a 34.7% viewership share, a figure nearly equal to the combined market share of its next three largest competitors. The television network draws an average of 389 million daily viewers across diverse genres and regional languages.
On the digital front, streaming powerhouse JioHotstar emerged as India’s largest OTT platform and a dominant global player. The platform averaged 451 million monthly active users during FY26 and achieved a historic milestone by becoming the first Indian paid OTT service to cross one billion app downloads. Furthermore, JioHotstar expanded its technological footprint across the country, securing an impressive smart TV penetration rate that makes it accessible on 99% of connected televisions in India.
The AGM highlighted several cutting-edge, technology-driven initiatives deployed during the fiscal year to boost user engagement. On the AI front, JioHotstar launched a ChatGPT-powered conversational discovery feature optimized to understand diverse Indian accents and regional languages. The platform also introduced ‘Tadka’, a proprietary micro-content hub launched in April 2026, which rapidly scaled to cross 100 million users within its first two months.
In addition to short-form content, interactive features like live chat, voting, and real-time meme creation engaged over 100 million unique users and generated more than 11 billion interactions. Reliance also pushed into in-stream commerce by introducing a first-of-its-kind digital integration with Swiggy during IPL matches, allowing sports viewers to order food natively without having to exit or interrupt the live match broadcast.