- Reliance Jio's consolidated net profit rose 2% to Rs 7,317 crore in March quarter
- Revenue increased 2% to Rs 33,381 crore, driven by subscriber growth and higher ARPU
- Jio added 1.8 million subscribers, reaching a total of 524.4 million by quarter-end
Leading telecom giant Reliance Jio Infocomm Ltd. reported a 2% sequential increase in its consolidated net profit during the quarter ended March, according to the financial results announced by the oil-to-telecom conglomerate on Friday.
The telecom arm of billionaire industrialist Mukesh Ambani's conglomerate logged a bottom-line of Rs 7,317 crore, compared to Rs 7,173 crore in the March quarter of FY25. The average revenue per user (ARPU) increased by 0.1% to Rs 214, compared to Rs 213.7 in the previous quarter.
Reliance Jio Q4 Result Highlights (Consolidated, QoQ)
- Revenue up 2% at Rs 33,381 crore versus Rs 32,751 crore
- Ebitda up 2% at Rs 18,113 crore versus Rs 17,744 crore
- Margin expanded at 54.26% versus 54.18%
- Net profit rises 2% to Rs 7,317 crore versus Rs 7,173 crore
- ARPU increases 0.1% to Rs 214 versus Rs 213.7
Revenue growth was led by strong subscriber addition, higher ARPU and continued growth in digital services.
ALSO READ: Reliance Industries Q4 Results: Profit Declines 9%, Margin Contracts The Most In 14 Quarters
Reliance Jio added 1.8 million subscribers in the June quarter, while the total number of subscribers stood at 524.4 million by the end of the quarter. Jio's 5G user base stood at 268 million.
During the March quarter, Jio reached ~27 million connected premises with fixed broadband. Also, JioAirFiber is now the largest FWA service globally with a subscriber base of ~13 million.
Akash Ambani, Chairman of Reliance Jio, said, “Jio played a crucial role in connecting India to the Internet era and with over 524 million subscribers across India is now positioned as the digital gateway to the Intelligence era."
Jio Listing, Consumer Growth
"Jio continues to transform India's digital landscape," Chairman and Managing Director Mukesh Ambani said. He added that the company is "advancing steadily towards the listing of Jio Platforms," calling it a defining milestone in the business's journey.
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