February 8th, 2024 8:15 AM 1 COMMENTS

Jio’s High Net Profits Enable it to Sustain at Lower ARPU

Reliance Jio, India's largest telecom operator, has not seen any growth in average revenue per user (ARPU) for two quarters. The telco's ARPU was the same in Q2 and Q3 of FY24 - Rs 181.7. In fact, the growth in the previous quarters was also too low compared to the level of growth Airtel saw. Bharti Airtel has designed its offerings in a manner that would not only suit the... Read More

July 22nd, 2022 6:36 PM 8 COMMENTS

Reliance Jio Net Profit for Q1 FY23 Stood at Rs 4335 Crore

Reliance Jio, India’s number one telecom operator’s financials improved in the first quarter of FY2022-23. For the quarter ending June 30, 2022, Jio’s net profit stood at Rs 4,335 crore. For the same quarter in the previous year, Jio’s profits were Rs 3,501 crore. This implies healthy growth for the business over the last year. Jio reported its net profits to be Rs 4,173 for Q4 FY22. Thus, even QoQ... Read More

January 21st, 2022 8:40 PM 14 COMMENTS

Reliance Jio Reports Rs 3795 Crore Net Profit for Q3 FY22, ARPU Up to 151.6

Reliance Industries Limited (RIL), the parent company of Reliance Jio, India’s number one telecom service provider, today released its quarterly earnings report for Q2 FY22. Jio’s gross revenue for the quarter was Rs 24,176 crore ($3.3 billion), which is 13.8% higher YoY (adjusted for IUC). The telco’s EBITDA (earnings before interest tax depreciation and amortisation) stood at Rs 10,008 crore, which is 18% higher YoY during the December 2021 quarter.... Read More

April 30th, 2021 8:47 PM 73 COMMENTS

Reliance Jio ARPU Drops to Rs 138.2 for Q4 FY21

Reliance Industries Limited (RIL) recently released its earnings report for the FY2020-21. The conglomerate highlighted the performance of its subsidiary Jio Platforms Limited (JPL), in the report. One of the highlights of the report was Jio’s falling average revenue per user (ARPU) for the last quarter of FY21. The ARPU of India’s number one telco fell to Rs 138.2 from the previous quarter’s Rs 151. This is a significant fall... Read More

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