Reliance Jio’s Web Revenue Leaps To Rs 3,489 Crore In December Quarter

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Reliance Jio Earnings: Common income per consumer rose to ₹151 per subscriber per 30 days.

Reliance Industries’ telecommunications subsidiary Reliance Jio’s clocked a consolidated web revenue of ₹ 3,489 crore, a of 15.5 per cent quarter-on-quarter enhance, within the December (Q3) quarter on Friday. The telecom firm recorded a web revenue of ₹2,844 crore in the course of the September quarter. Within the quarter-over-quarter phrases, Jio’s revenue was Rs 1,350 crore.

Throughout the December quarter of FY21, the common income per consumer (ARPU) rose to ₹151 per subscriber per 30 days from ₹145 within the earlier quarter. Reliance Jio’s whole buyer base was 410.8 million as on December 31, 2020.

Complete income, together with entry revenues for the quarter, was Rs 22,858 crore — up 5.3 % quarter-over-quarter.

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Earnings earlier than earnings earlier than curiosity, taxes, depreciation, and amortisation (EBITDA) for the quarter clocked Rs 8,483 crore — up 6.4 per cent quarter-over-quarter. EBITDA margin got here at 37.1 per cent

Throughout the December quarter, Jio Platforms raised 33,737 crore by issuing fairness shares to Google Worldwide LLC.



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