May 3rd, 2022 11:03 AM 5 COMMENTS

Reliance Jio ARPU Might See Positive Growth Post Removal of JioMart Offer

On March 31, 2022, Reliance Retail stopped giving cashbacks under the JioMart Maha Cashback offer to consumers making purchases from Reliance Industries Limited (RIL) owned companies. These cashbacks could be used for making purchases and getting discounts across Reliance owned retail stores, both online and offline. Reliance Jio, a telecom brand under RIL, also allowed users to utilise this cashback to get a discount on the recharges made through the... Read More

July 28th, 2021 9:50 PM 0 COMMENTS

Reliance Jio Needs Tariff Hikes to Maintain Momentum Say Analysts

Reliance Jio, the largest wireless operator in India recorded “robust performance” in its first quarter of the current financial year, say analysts. The oil-to-telecom conglomerate, Reliance Industries on Friday announced its first-quarter results with the company recording Rs 13,806 crores in consolidated net profit for the quarter ended June 30, 2021. Reliance Industries highlighted that Jio Platforms, its majority-owned subsidiary, recorded Rs 3651 crore in net profit in the quarter,... Read More

May 5th, 2021 4:05 PM 17 COMMENTS

Reliance Jio Needs Tariff Hikes, Financials Weak Say Analysts

Reliance Jio, the largest wireless operator in India needs tariff hikes as its financials are “weak,” analysts said. Jio Platforms, a subsidiary of Reliance Industries recorded Rs 3508 crore as consolidated net profit for the quarter ended March 31, 2021, translating to a 47.5% year-over-year (YoY) increase. The development was shared by Reliance Industries on Friday with the company also highlighting that Jio Platforms recorded Rs 18,278 crore as consolidated... Read More

January 25th, 2021 3:00 PM 9 COMMENTS

Reliance Jio to Eye New Growth Engines Says Analysts

Reliance Jio, the largest wireless operator in India is set to eye “new growth engines” as its subscriber additions “continue to languish,” Motilal Oswal said in a report on Sunday. The report is on the heels of Reliance Industries on Friday announcing its third quarter financial results for the period ended December 31, 2020. Reliance Industries said that its wholly owned subsidiary Jio Platforms registered a 5.3% increase in consolidated... Read More

October 30th, 2020 9:29 PM 45 COMMENTS

Reliance Jio ARPU at Rs 145, Average Data Consumption Per User at 12GB

Jio Platforms, the wholly-owned subsidiary of Reliance Industries registered 7.2% quarter-on-quarter (QoQ) improvement in its consolidated revenue while its net profit grew 19.8% on a quarterly basis. The development was shared by Reliance Industries on Friday with the company reporting its second quarter results and half yearly results for the period ended September 30, 2020. Reliance Industries highlighted that Jio Platforms consolidated revenues hit Rs 18,496 crores while its consolidated... Read More

August 27th, 2019 7:41 PM 47 COMMENTS

Reliance Jio ARPU Continues to Fall as Bharti Airtel and Vodafone Idea Register Growth

As of late, the term average revenue per user (ARPU) is being thrown a lot in the telecom industry, and understandably so since, ARPU remains one of the prime parameters when it comes to revenue for the companies to judge their financial performance. The companies in the sector including, Vodafone Idea, Bharti Airtel and Reliance Jio have been vying for more ARPU since the last year. Now, as per a... Read More

July 12th, 2017 4:39 PM 27 COMMENTS

Reliance Jio’s Revised Tariff Plans to Improve ARPU, Positive for Telecom Industry: ICRA

Reliance Jio's move to revise tariff plans is aimed at improving its average revenue per user (ARPU), which is a positive for the telecom industry, ICRA said on Wednesday, adding that the pricing by Jio indicates some easing of pressure on ARPU while the competitive intensity of the industry would remain high. “Although the plans continue to remain attractive for the subscribers, they directionally point to ARPU improvement. As ICRA... Read More

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Vodafone Idea Raises Rs 5400 Crore from Anchor Investors

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