Jio Q1 net profit rises 9% to ₹7,764 crore on subscriber gains and ARPU growth
Reliance Jio posted a 9% YoY rise in net profit to ₹7,764 crore, with revenue up 12% and EBITDA up 15% to ₹20,865 crore. ARPU climbed 3.3% to ₹215.6 as the subscriber base grew 7.1% to 533.3 million. Jio Platforms filed its DRHP with SEBI, signaling an upcoming IPO.
Reliance Jio Q1 net profit rose 9% YoY to ₹7,764 crore on subscriber gains and ARPU growth. Jio Platforms filed its DRHP with SEBI, signaling an upcoming IPO that ties into the Reliance conglomerate's retail capital story.