Support Telecomtalk
Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Reliance Jio has reported a robust growth in net profit for Q2 FY25. The quarterly revenue of the telco went up from Rs 34,548 crore in Q1 FY25 to Rs 37,119 crore. The net profit jumped from Rs 5,693 crore to Rs 6,536 crore. The revenue and profits went up primarily because of tariff hikes and the scale-up of the home and digital services business.
- Make Telecom Talk My Trusted Source
Let’s check out the key details for this quarter.
Read More – JioBook Sees a Major Price Cut
Reliance Jio Q2 FY25: Key Details Including Net Profit, ARPU, Data and Voice Traffic
Reliance Jio said its customer base went down from 489.7 million to 478.8 million QoQ. However, the telco’s ARPU (average revenue per user) went up from Rs 181.7 to Rs 195.1 QoQ, led by tariff hikes. The data traffic growth didn’t stop even after tariff hikes as 45 billion GB of data was consumed during the quarter compared to 44.1 billion GB in the previous quarter. The voice traffic was flat at 1.42 trillion minutes.
Jio’s 5G customer base reached 148 million by the end of September 30, 2024. This is the largest 5G subscriber base in the world for any telco outside of China. With Jio AirFiber powered by 5G network, Jio has built a portfolio of 2.8 million customers as of September 2024.
Read More – Jio’s Only Plan Under Rs 200 that Bundles Unlimited 5G
Jio said that scaling up distribution and continuous optimisation of the onboarding process will enable the company to reach 100 million homes in India at record pace.
