Jio Platforms Q3 Results: Jio Platforms Limited has announced the results for the third quarter of financial year 2025 today on January 16. The company’s net profit has increased by 26 percent in the October-December quarter. The company has earned a profit of Rs 6,861 crore during this period. In the same quarter last year, this figure was Rs 5,447 crore. Jio Platforms’ revenue increased by 19.4 percent to Rs 33,074 crore in the December quarter, from Rs 27,697 crore a year ago.
EBITDA rose 18.8 per cent to Rs 16,585 crore in the December quarter from Rs 13,955 crore a year ago. Jio’s ARPU increased from Rs 195.1 to Rs 203.3 due to tariff increase and better subscriber mix. Jio said that the full impact of the tariff increase is yet to be seen.
By the end of December 2024, the number of Jio subscribers was 48.21 crore, which is 2.4 percent more than last year. Total subscriber addition in Q3FY25 was 33 lakh, including a surge in mobility subscriber growth.
Jio said the October-December quarter was a record quarter for domestic connections, with ~20 lakh new connections added. JioAirFiber is rapidly growing towards global leadership with a subscriber base of ~45 lakh. “Jio is the world’s leading standalone 5G operator (outside China) with a subscriber base of 170 million. True5G accounts for 40% of Jio’s wireless traffic,” Jio said in a statement. Jio reported industry leading customer engagement with per capita data consumption of 32.3 GB per month and total data traffic growth of 22.2 per cent.
Mukesh Ambani, CMD, Reliance Industries, said, “The strong growth in the digital services business was driven by consistent customer additions and continuous improvement in customer engagement metrics. This was also supported by a favorable subscriber mix, with an increase in the number of users upgrading to 5G networks. “Increased.” “Jio’s attractive offering of home broadband services also quickly gained traction and maintained its dominant position in the market,” he said.