Jio Q2 profit jumps 14% to Rs 8,389 crore; revenue up 11.4%

Jio Platforms posted 13.7% profit growth and 11.4% revenue growth in its first quarter since listing, with ARPU at 218.8 rupees and 542.4 million subscribers confirming resilient Indian telecom demand. The beat marginally supports sentiment toward Indian equities and the Nifty complex, but macro spillover is contained. Expect stock-specific re-rating rather than broad risk-asset repricing.