Jio Platforms Q1 revenue rises 12% YoY to Rs 45,961 cr, ARPU improves to Rs 215.6
Mumbai, July 17 -- Jio Platforms Limited (JPL) on Friday reported a 12 per cent year-on-year rise in consolidated revenue to Rs 45,961 crore for the first quarter, while average revenue per user (ARPU) improved to Rs 215.6, supported by a better subscriber mix, organic ARPU growth and continued scale-up of digital services.
The company said profit after tax (PAT) increased 9.2 per cent year-on-year to Rs 7,764 crore.
The company said operating revenue increased 11.8 per cent year-on-year, driven by continued gains in subscriber market share, organic ARPU growth and expansion of digital services.
ARPU increased further to Rs 215.6 with a better subscriber mix and positive seasonality, partly impacted by promotional schemes for fixed bro...
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