Jio Platforms has reported operating revenue of INR 19,475 Cr, with INR 3,489 Cr net profit
Its total data traffic has increased to 1,586 Cr GB, while voice traffic is at 97,496 Cr minutes
On the telecom side, Reliance Jio crossed 410 Mn users in the third quarter of 2020
Reliance Industries’s digital venture Jio Platforms has reported a net profit of INR 3,489 Cr in the third quarter (Q3) of the financial year 2021. This has represented a 15% hike compared to INR 3,020 Cr reported in the second quarter. During the same time period, the average revenue per user (ARPU) also increased to INR 151 per subscriber per month versus INR 145 in Q2.
Jio Platforms consolidated revenue from operations, including access revenues, of INR 19,475 Cr in Q3 representing a 5.3% on the quarter increase, with an EBITDA margin of 43.6%. The company also achieved an annualised operating revenue run-rate of $10 Bn.
The total data traffic has increased to 1,586 Cr GB, while voice traffic is at 97,496 Cr…
