Reliance Jio’s revenue rises 12 per cent to ₹5,208 crore in Q3

The web revenue of Reliance Jio rose 12.2 per cent to ₹5,208 crore within the December quarter of 2023, from ₹4,638 crore reported in the identical interval final 12 months.

Income from operations, in the meantime, rose 10.3 per cent to ₹25,368 crore for the quarter, versus ₹22,998-crore income reported final 12 months. In line with Reliance, practically 90 million subscribers have migrated to Reliance’s 5G community. Due to this fact, Reliance’s 5G community carries one-fourth of its complete mobility information.

  • Additionally learn: Vodafone Concept, fund elevate hypothesis and the Bezzle 

Reliance Jio’s ARPU elevated by 2 per cent 12 months on 12 months this quarter, ending at ₹181.7, largely a results of higher subscriber combine resulting from limitless 5G plans launched by the agency.

Whole information visitors grew 31.4 per cent year-on-year to 38.1 billion GB from 29 billion GB final 12 months. Subcriber base on the finish of the December 2023 quarter was 470.9 million; it added 38 million subscribers final 12 months.

“I’m glad to share that Jio has accomplished in India the quickest rollout of True 5G providers wherever on the planet. Each metropolis, city, and village within the nation is now geared up with high-speed digital connectivity, which is able to usher in a brand new period of unparalleled digital accessibility and technology-led progress,” stated Mukesh Ambani CMD, RIL

Jio has achieved the quickest rollout of 5G know-how witnessed wherever on the planet, and is now out there throughout India. JioAirFiber has seen sturdy preliminary demand and buyer engagement, particularly in underserved tier 3/4 cities and rural areas, Akash Ambani, Chairman, Reliance Jio, added.



#Reliance #Jios #revenue #rises #cent #crore