Skip to content
Search or ask
News · Business

Jio Platforms net profit rises 14% to ₹8,389 crore in September quarter

Subscribers crossed 542 million, with 300 million using 5G. Revenue rose 11% to ₹40,475 crore, and ARPU reached ₹218.8.

By idly desk · from 2 reports · · 1 min read
AI-assisted
idly reads every outlet that covered this story, writes one summary with AI help, and checks it against the originals before it goes live. The sources are listed below so you can read them yourself. How idly works

The gist

Story
  • Jio Platforms' net profit rose about 14% year on year to ₹8,389 crore in the September quarter.
  • Revenue from operations rose to ₹40,475 crore, up roughly 11%, helped by digital services.
  • The company said its subscriber base reached 542 million, with 300 million using 5G.

What's new

Jio Platforms reported a net profit of ₹8,389 crore for the July to September quarter, up about 14% from a year earlier. Its revenue from operations rose to ₹40,475 crore, an increase of about 11%. The results are the company's first since its listing.

Why it matters

The figures show Jio's core telecom business is still growing. Higher revenue per user means the company earns more from each customer, which can influence mobile tariffs and services for millions of Indian users. Reports also suggest 300 million subscribers are now using 5G.

What others say

The Economic Times and The Times of India both reported the profit rise and the revenue growth. The Times of India put the profit at ₹8,389 crore and the revenue increase at 11.4%, while The Economic Times reported profit of ₹8,387 crore in one version of its story. The reports differ slightly on the exact figures.

What we don't know yet

The sources differ slightly on the exact profit figure and the precise revenue growth rate. The reports do not explain how much of the profit growth came from one-time items.

Worth your time?

One tap helps idly bring you more of what matters.

Read the originals

3 outlets

Advertisement