TMI BlogJio Platform's Q3 net profit jumps 26 pc to Rs 6,861 cr; ARPU rises to Rs 203.3X X X X Extracts X X X X X X X X Extracts X X X X ..... Jio Platform's Q3 net profit jumps 26 pc to Rs 6,861 cr; ARPU rises to Rs 203.3 X X X X Extracts X X X X X X X X Extracts X X X X ..... Reliance Industries' telecom and digital businesses -- rose 19.41 per cent to Rs 33,074 crore in the December-ended quarter. The gross revenue stood at Rs 38,750 crore in Q3 FY25, 19.19 per cent higher than Rs 32,510 crore in the corresponding period of the previous year. ARPU - a key metric for telcos - soared 11.8 per cent to Rs 203.3 compared to Rs 181.7 in the year-ago period. ARPU was up 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .20 per cent in quarter-on-quarter terms. The surge in ARPU came with the sustained impact of tariff hike and better subscriber mix, according to a company statement. The statement attributed the operating revenue growth to the partial impact of the tariff hike, ramp up in pace of home connect and accelerating non-connectivity digital services businesses. With a net sequential subscriber additi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on of 3.3 million, JPL's customer base increased to 482.1 million during the third quarter. On a standalone basis, JPL's telecom arm Reliance Jio reported a 24 per cent jump in its October-December quarter net profit. Its standalone net profit of Rs 6,477 crore in October-December 2024 compared to Rs 5,208 crore in the same period a year back and Rs 6,231 crore in the preceding July-September 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 24 quarter, according to a stock exchange filing by the company. Jio's revenue from operations increased to Rs 29,307 crore from Rs 25,368 crore in October-December 2023. Reliance Jio Infocomm Chairman Akash M Ambani said Jio has played a key role in the country's digital inclusion. "Rapid scale-up of 5G adoption and proliferating fixed broadband beyond Tier-1 towns over the past year, further ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... strengthens the Digital India mission. Jio will continue to lead the charge in technology innovation by fully embracing the power of AI to create a connected, intelligent future that is truly transformative. This will drive sustained value creation over the next many years," he said. PTI ANK ANZ ANK BAL BAL X X X X Extracts X X X X X X X X Extracts X X X X
|