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Telecom tariff hike rings in 26% jump in Jio profit
Business Standard
|April 26, 2025
Jio Platforms Ltd (JPL), which runs India's largest mobile network operator Reliance Jio, on Friday reported a strong 25.7 per cent year-on-year (Y-o-Y) increase in net profit to ₹7,022 crore for the January-March quarter of 2024-25 (Q4FY25) as a result of a hike in telecom tariffs imposed in early July 2024.
On a sequential basis, the holding company for Jio and other digital businesses of the Reliance group, witnessed its net profit rise by 2.34 per cent.
The telco's Y-o-Y rate of growth in net profit maintained momentum given the 26 per cent, 23.4 per cent, 11.7 per cent, and 12 per cent net profit growth registered in the previous four quarters.
The telco's average revenue per user (Arpu) in Q4 rose to ₹206.2, up from ₹203.3 in Q3.
Before that, it had broken a four-month slump to rise to ₹191.5 in Q2.
Calculated yearly, Arpu was higher by 13.4 per cent in Q4.
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