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Reliance’s Jio posts 26% profit growth in Q3 FY25
Jio Platforms, the digital arm of Reliance Industries, posted a 26% year-on-year net profit growth in Q3 FY25, reaching 6,861 crore rupees (around US$798 million).
Revenue from operations rose 19.2% year-on-year to 33,074 crore rupees (around US$3.8 billion), supported by tariff hikes, home connection expansions, and non-connectivity digital services.
Average revenue per user (ARPU) increased to 203.3 rupees (around US$2.3), up from 181.7 rupees (around US$2.1) a year ago.
The subscriber base grew 2.4% year-on-year to 482 million, with 3.3 million new additions in this quarter.
Jio reported a 5G customer base of over 170 million, accounting for 40% of its total wireless traffic.
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