BusinessPhoto: News18 BusinessJio Platforms' Free Cash Flow Hits Rs 42,071 Crore Ahead of IPO
Jio Platforms Ltd has boosted its financial health before its planned IPO, with free cash flow rising to Rs 42,071 crore and net leverage dropping from 0.88 times in FY24 to 0.36 times in FY26. The company aims to use IPO proceeds partly to repay Reliance Jio Infocomm Ltd's borrowings and fund expansion, marking a shift from heavy investment to monetizing assets and diversifying revenue.
News18 Business·



