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Jio Q2 Preview: First results after listing tomorrow. What should investors expect?

Nomura rate stocks including Reliance Industries.

· ET Stocks, Economic Times Markets

Jio Platforms will announce its first quarterly results as a listed company on October 30, with brokerages expecting double-digit revenue growth in Q2 FY27. Nomura projects revenue of Rs 40,400 crore and net profit of Rs 7,610 crore, while subscriber additions and ARPU growth will be key metrics for investors.

Period
Q2 FY27
Dates in focus
October 30

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.

  • Brokerage calls from Nomura, with ratings on the stocks named. The stocks: Reliance Industries (Jio).
  • Over three months: Reliance Industries (Jio) -8.5% against Oil & Energy -5.1% (3.4 points behind).
  • At least 25% below the 52-week high: Reliance Industries (Jio) (27%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Reliance Industries (Jio)RELIANCE · Oil & Energy₹1,167.40+0.8%-1.2%-8.5%-26.7%1.4×—

Oil & Energy

1M -3.8% · 3M -5.1%

Reliance Industries (Jio)

Prices as of 29 Oct 2026, 15:45 IST. Sector moves are the average of the stocks we track in each sector.

RELIANCEOil & Energy