Reliance Jio Q3 Profit Jumps 24% on Tariff Hike
Reliance Jio's net profit surged 24% in Q3 FY2025, driven by a tariff hike and increased average revenue per user. The telecom giant's revenue also climbed.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Jan 16 (PTI) Reliance Jio, India's largest telecom operator, on Thursday reported a 24 per cent jump in its October-December quarter net profit as average per-user revenue rose largely due to tariff hike.
Its standalone net profit of Rs 6,477 crore in October-December 2024 compared to Rs 5,208 crore in the same period a year back and Rs 6,231 crore in the preceding July-September 2024 quarter, according to a stock exchange filing by the company.
Jio's revenue from operations was up at Rs 29,307 crore from Rs 25,368 crore in October-December 2023.
Its standalone net profit of Rs 6,477 crore in October-December 2024 compared to Rs 5,208 crore in the same period a year back and Rs 6,231 crore in the preceding July-September 2024 quarter, according to a stock exchange filing by the company.
Jio's revenue from operations was up at Rs 29,307 crore from Rs 25,368 crore in October-December 2023.
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