Reliance Jio Q1 Results: Profit Rises 4%, ARPU At All-Time High

Reliance Jio's Q1 profit rose as it realised the full benefit of the past tariff hikes on customers with longer-term plans.

A woman waits at a bus stop with an advertisement of Reliance Industries' Jio telecoms unit in Mumbai, India. (Source: Reuters/Danish Siddiqui)

Reliance Jio Infocomm Ltd.’s first-quarter profit rose and its average revenue per user touched an all-time high.

Also Read: Reliance Industries Q1 Results: Profit Rises 7.9% Sequentially, Misses Estimates

Show more

The improvement in ARPU—the amount an operator earns per subscriber per month—came on the back of a better mix of subscribers and tariff hikes.

Jio net added 97 lakh subscribers in the quarter ended June. Reliance Jio’s total customer base stood at 41.99 crore as of June compared with 41.02 crore as of March.

It saw a rise in net customers during the quarter on account of SIM card consolidation as low-paying customers continue to drop off on higher plan prices. The telecom operator lost customers in the previous three quarters.

The telecom operator's average data and voice consumption per user per month increased to 20.8 GB and 1,001 minutes, respectively. Total data traffic was 27.2% up at 2,590 crore GB, and total voice traffic rose 17.2% at 1,25,000 crore minutes.

Also Read: Reliance Jio Q1 Results: Profit Rises 4%, ARPU At All-Time High

India's telecom operators have focused on increasing tariffs and weeding out low-paying or inactive users to boost average revenue per user. For Jio, past tariff hikes in some of the long-term plans would have come into effect in the April-June quarter.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Sajeet Manghat
Sajeet Kesav Manghat is Executive Editor at NDTV Profit. He is a graduate i... more
Smriti Chaudhary
Smriti Chaudhary is a Correspondent at NDTV Profit. She covers Telecom sect... more
GET REGULAR UPDATES