JioStar posts Rs 581 crore net revenue in Q1 driven by IPL

INSUBCONTINENT EXCLUSIVE:
JioStar, the joint venture between Reliance Industries Limited (RIL) and Walt Disney, reported a net profit of ?581 crore for the quarter
crore, driven by the strong performance of the Indian Premier League (IPL) 2025
This comes despite ongoing challenges in the entertainment segment due to reduced FMCG advertising spends.RIL said the IPL delivered its
highest-ever revenue across TV and digital this year
JioStar holds both TV and digital rights for the IPL in the Indian market.While the TV entertainment segment continued to face pressure, the
impact was offset by strong sports and subscription revenues
The company finalised subscription deals with all major distribution operators, aiding better monetisation and tighter cost controls.For the
FY25 period spanning November 14, 2024, to March 31, 2025, JioStar reported a net profit of ?229 crore on operating revenue of ?9,497 crore,
with an EBITDA of ?774 crore. Live EventsOn November 14, 2024, RIL and Disney completed the merger of Star India and Viacom18, forming
JioStar
RIL controls the JV with a 56% stake, Disney holds 37%, and the remaining 7% is owned by Bodhi Tree Systems.During the latest quarter,
advertising and subscription model with limited free access
On television, JioStar reached more than 800 million viewers during the quarter.The company also expanded its footprint in the Free-To-Air
(FTA) Hindi general entertainment channel (GEC) segment with the relaunch of Star Utsav and Colors Rishtey on DD Free Dish
It had a 35.5% share in the entertainment TV category.IPL 2025 marked a watershed moment for JioStar, achieving a combined reach of 1.19
television, the tournament delivered a 5.1 TVR and clocked over 514 billion minutes of watch time
The IPL 2025 final set a new digital benchmark, becoming the most-watched T20 match ever online with 237 million viewers and a peak
concurrency of 55.2 million, surpassing the previous high of 35.9 million
portfolio featured marquee events such as the ICC World Test Championship (WTC) Final
further strengthening its sports lineup.JioHotstar recorded its highest-ever monthly entertainment watch time in June 2025
The latest season of Criminal Justice delivered the strongest opening for any OTT original this year, according to Ormax Media, while Kesari
2 emerged as the most-watched film across all languages on the platform.International content continued to gain traction
Captain America: Brave New World debuted as the second most-watched film of the quarter, while Mufasa: The Lion King became the most-watched
international film ever on JioHotstar.Star Plus retained its leadership in the Hindi GEC segment, with six of the top ten shows during the
quarter.Regional general entertainment channels also performed strongly
Star Pravah, Star Jalsha, Star Maa, and Asianet continued to lead in their respective markets
The network also maintained its dominance in niche genres such as kids, youth, and English entertainment.