MUMBAI: JioStar has delivered a blockbuster first quarter, posting record revenues of Rs 11,222 crore and profits that soared 154 per cent to Rs 581 crore, powered by what the company calls the "biggest ever IPL in terms of viewership and monetisation."
The media behemoth's earnings before interest, taxes, depreciation and amortisation jumped to Rs 1,017 crore from Rs 774 crore in the previous period, whilst EBITDA margins expanded to 10.6 per cent from 8.1 per cent.
The stellar performance was underpinned by IPL 2025, which shattered viewing records with 1.19 billion viewers across television and the JioHotstar platform. The tournament's final match became the biggest T20 match ever on digital, reaching 237 million viewers with a peak concurrency of 55.2 million—obliterating the previous IPL record of 35.9 million.
JioHotstar's dominance was on full display during the quarter, with the app hitting 1.04 billion downloads on Android and averaging 460 million monthly active users. The platform reached 652 million viewers during IPL—a staggering 28 per cent year-on-year growth—whilst television delivered 514 billion minutes of watch-time.
Beyond cricket, JioStar consolidated its entertainment stranglehold with a commanding 35.5 per cent share of TV entertainment viewership. Star Plus retained its Hindi general entertainment channel leadership with six of the top 10 shows, whilst regional powerhouses Star Pravah, Star Jalsha, Star Maa and Asianet maintained their number one positions in respective markets.
The quarter also saw strategic moves in the free-to-air space, with Star Utsav and Colors Rishtey relaunching on DD Free Dish. Star Utsav became the number one channel from day one, reshaping the FTA Hindi GEC landscape.
JioHotstar's content strategy bore fruit beyond sports, posting its highest-ever monthly entertainment watch-time in June 2025. The latest season of Criminal Justice scored the strongest opening for any OTT original in 2025, according to Ormax Media, whilst Kesari 2 emerged as the year's biggest movie across all languages on the platform.
International content remained a key differentiator, with Captain America: Brave New World debuting as the quarter's second most-watched film and Mufasa: The Lion King becoming the most-watched international movie ever on JioHotstar.
The company's subscriber base swelled to 287 million during IPL on JioHotstar, whilst reaching over 800 million people on television during the quarter—cementing its position as India's undisputed entertainment colossus.