ARPU of Reliance Jio Declined from Rs 134 to Rs 131 in Q2 FY19

Reliance Industries Limited, the parent company of Reliance Jio today released its telecom arm’s financial results for the quarter that ended on September 30, 2018. During the quarter, Jio reported a standalone net profit of Rs 681 crore and the company posted a net loss of Rs 271 crore during the same period a year ago. On a quarterly basis, its profit grew around 11% from Rs 612 crore in the April-June period. The average revenue per user (ARPU), however, declined to Rs 131.7 as compared to Rs 134.5 in the previous quarter. But, its impact was mitigated by growth volume of new customers that on-boarded its network during the reported quarter and higher usage of services on its network.

jio-arpu-q2-fy19

Jio’s Customer Base Reaches All-Time High to 252.3 Million

“Jio has accelerated its pace of subscriber additions further with net addition during the quarter of 37 million (as against 28.7 million in the previous quarter), highest in any quarter since the launch of commercial services,” the company said. The value of services sold by Jio grew 51.5% to Rs 10,901 crore in July-September 2018 period from Rs 7,197 crore in the same quarter a year ago.

“We, at Jio, are glad with our progress towards our mission with more than 250 million subscribers on our network within 25 months of commencement of services. We have enabled our customers to adopt the digital life, with record consumption of data and use of digital services,” RIL Chairman and Managing Director Mukesh Ambani said in a statement.

Customer Usage Insights During Q2 FY19

The average data usage grew to 11 GB per user per month and average voice consumption of 761 minutes per user per month during the reported quarter compared to 10.6 GB data consumption and 744 minutes per user a month reported in April-June 2018 quarter. The company is now looking to foray into optical fibre-based broadband services in the country and accordingly announced Rs 5,230 crore majority stake acquisition plan in two fixed-line broadband firms — Den Networks and Hathway Cable.

The company announced to acquire a 66% stake in Den Networks for Rs 2,290 crore and 51.3% in Hathway Cable for Rs 2,940 crore. “Our next generation FTTH and enterprise services are now being made available to our customers to further enhance our value proposition to our customers,” Ambani said.

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Arpit spends his day closely following the telecom and tech industry. A music connoisseur and a night owl, he also takes a deep interest in the Indian technology start-up scene and spends rest of his time spilling poetry and stories on paper.

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Chhota ChetanNikhil Mumbai-Punetri_visJio admirerKaushik IMA Recent comment authors
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Ravi
Ravi

Mukesh Ambani is making huge investment in related areas but he is not bothered about his slow speed pathetic network.

Why can’t he do research on this and do something to satisy effected customers?

Why are they not using more powerful antennas on bts?

Manu Sharma
Manu Sharma

I have the same concern and query regarding Jio? Why are they powering down the transmission strength for all bands, which is resulting in poor signal and speed? 800mhz understandable because of Les spectrum, but even 2300? Shocking! Does anyone know the reason?

Thamilan daa
Thamilan daa

Manu :
That is the weak point of jio.

BSNL has 100% 2G and 3G network signal almost everywhere. Jio is far behind BSNL in this regard.

Vishal | Chennai
Vishal | Chennai

May be Ambani is not willing to give full fledged network experience with low pricing

Nikhil Mumbai-Pune
Nikhil Mumbai-Pune

Increase prices and give us good networks. Start giving 500MB daily data at 1000rs. I don’t care about money. Jio is seriously at its worst.

Thamilan daa
Thamilan daa

Then why did you curse Avoid for charging Rs.250 per GB before July 2016?.

Nikhil Mumbai-Pune
Nikhil Mumbai-Pune

I curse Avoid now also.

Techie
Techie

Off Topic :- Airtel in Delhi is now offering Rs 199 Postpaid plan with same benefits as Jio, to retain its customers. I was offered the same yesterday.

Nikhil Mumbai-Pune
Nikhil Mumbai-Pune

Lol what an era of Airtel!!!!!

Nikhil Mumbai-Pune
Nikhil Mumbai-Pune

Airtel at its very best.

NTR
NTR

You are formerly void agent .
Now become lootel agent

Jio admirer
Jio admirer

Retention plan??

Kaushik IMA
Kaushik IMA

Not retention plan but store only plan. For new customers or can get via retention.

Jio admirer
Jio admirer

But for new customer in airtel store
They are saying there is no such plan

Kaushik IMA
Kaushik IMA

It’s no secret. Even idea is doing the same in its leadership circles.

Airtel too.

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