Advertising outlay exceeds platform ad revenue by nearly 1.9 times as Myntra expands creator commerce, microdramas and shoppable content.
Revenue rises 31 per cent to Rs 1,03,853 crore in FY26 as premium smartphone demand strengthens despite modest market growth.
Institutional demand drives rapid bidding for Reliance’s first IPO in 20 years as the offering values Jio Platforms at up to Rs 9.48 lakh crore.
Shipments hit a decade low of 35.8 million units in Q3 2026 as rising prices and cautious spending weaken festive demand.
Improved cash generation and a stronger balance sheet could reduce fundraising needs as PRISM plans to repay debt over two to three years.
