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Jio Braves COVID-19 Challenges to Post 47 5 Percent Net Profit Jump to Rs 3,508 Crores in Q4 2021

Jio Braves COVID 19 Challenges to Post 47.5 Percent Net Profit Jump to Rs. 3,508 Crores in Q4 2021 Jio Braves COVID-19 Challenges to Post 47.5 Percent Net Profit Jump to Rs. 3,508 Crores in Q4 2021 Jio closed the financial year with recorded EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs. 75,303 crores. By ANI | Updated: 1 May 2021 10:01 IST Photo Credit: Reuters Reliance Jio garnered a net profit of Rs. 3,508 crores in the fourth quarter of 2021 Highlights Jio added 31.2 million customers in the fourth quarter ARPU of Jio for the last quarter was Rs. 138.2 Reliance s Jio Platforms Ltd (JPL) has recorded a 47.5 per cent year-on-year net profit in the fourth quarter of the financial year 2021 to Rs 3,508 crores. The company said in a statement that despite COVID related challenges, JPL closed its first full year of operations with revenue and EBITDA (earnings before interest, taxes, depreciation, and amortisati

Jio Platforms fourth quarter net profit zooms 47 5% to Rs 3,508 crore

Jio Platforms on Friday posted a net profit of Rs 3,508 crore for the fourth quarter ended March 2021, a 47.5 per cent jump over the year-ago period, according to a company statement. Its revenue from operations came in at Rs 18,278 crore, a growth of about 19 per cent compared to the corresponding period of the previous year. The company said its total customer base as on March 31, 2021 stood at 42.62 crore. During the quarter, Jio s Average Revenue Per User (ARPU) a key metrics for telcos was at Rs 138.2 per, lower than Rs 151 clocked in December quarter. ARPU for Q4FY21 was Rs 138.2, with sequential decline driven by transition from Interconnect Usage Charges (IUC) to Bill and Keep regime effective 1st January 2021, and lower number of days during the quarter, the company said in a statement.

Reliance Jio Q4 results: net profit jumps to Rs 3,508 crore

Reliance Jio Q4 results: net profit jumps to Rs 3,508 crore ANI | Updated: Apr 30, 2021 22:16 IST Mumbai (Maharashtra) [India], April 30 (ANI): Reliance s Jio Platforms Ltd (JPL) has recorded a 47.5 per cent year-on-year net profit in the fourth quarter of the financial year 2021 to Rs 3,508 crore. The company said in a statement that despite COVID related challenges, JPL closed its first full year of operations with revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 73,503 crore, and Rs 32,359 crore respectively. This has been driven by strong 45 per cent YoY EBITDA growth at RJIL on the back of continued subscriber traction and higher average revenue per unit (ARPU).

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