Jio Platforms Registers 15.5% Growth In Net Profit In Q3

Bhubaneswar: Jio Platforms Ltd (JPL), the holding company of Reliance Jio Infocomm, has posted a consolidated net profit of ₹3,489 crore for the third quarter (October-December) of the current financial year, registering 15.5% increase on the second quarter.

According to a company statement, the JPL’s revenue from operations increased to ₹19,475 crore from ₹18,496 crore in the second quarter. It achieved an annualised revenue run-rate in excess of $10 billion.

The company’s customer base has gone up to 41 crore as on December 31 with a net addition of 5.2 million customers. Its average revenue per user (ARPU) rose to ₹151 during the quarter, compared to ₹145 in the previous quarter.

The average monthly data usage per customer of the company was 12.9 GB while the voice call was 795 minute during the quarter. The total data usage during the period stood at 1,586 crore GB, recording a 4% over the last quarter, while total voice traffic rose by 4.6% to 97,496 crore minutes.

Get real time updates directly on you device, subscribe now.

Comments are closed.