Telecom Comprises 94% Of Jio Earnings, Will This Change Soon?

So far, the share of telecom arm Reliance Jio Infocomm Limited (RJIL) has comprised a bulk of JPL’s earnings at almost 94%

The company is building device solutions apart from software solutions, many of which are already in the internal beta testing stage, said the management

The company also presented a more detailed plan on its SMB offerings where it hopes to target small businesses with connectivity and go-to market solutions

Mukesh Ambani’s Reliance Industries Limited (RIL) has been disclosing financials of Jio Platforms Limited (JPL) since past two quarters now. So far, the share of RIL’s telecom arm Reliance Jio Infocomm Limited (RJIL) has comprised a bulk of JPL’s earnings at almost 94%. During the Q3 FY21 earnings call, the JPL management however presented an elaborate plan for digital offerings meant to increasingly add to JPL’s growth. Some of these offerings are expected to roll out within CY21 itself across IoT, Security and SMB focused solutions.  

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