JioStar Rockets to Rs 229 Crore Profit, Leaves Rivals in the Dust

JioStar, the giant joint venture between Reliance Industries and Walt Disney, posted a net profit of Rs 229 crore in FY25 in its maiden financial disclosure since the historic merger on November 14, 2024. The company posted strong revenues of Rs 10,006 crore, which is a healthy debut for India's biggest media conglomerate.

 

The findings follow the success of JioHotstar's record launch in February 2025 when the platform exceeded 100 million paid subscribers within a mere five weeks and surged to around 280 million paid subscribers in ten weeks-becoming the second-largest paid streaming service globally. March 2025 was especially marked, with JioHotstar racking up 503 million monthly active users driven by a deep library of content and key sporting events like the ICC Champions Trophy and the Indian Premier League.

 

JioHotstar also created a new benchmark for Indian digital sports streaming, with 61.2 million concurrent viewers for the ICC Champions Trophy final. With a 34% market share in linear TV and a reach of more than 760 million monthly viewers, JioStar has established itself as a clear leader in the Indian entertainment market.

 

Source: The Economic Times