Jio Platforms545004Telecommunications
Jio Platforms delivered steady double-digit earnings growth in its first results since listing
By ScoutQuest · · 1 min read
- Revenue growth YoY
- 11.3 percent
- Margin this quarter
- 54.1 percent
- Subscriber additions QoQ
- 8.7 million
- Subscriber additions YoY
- 35 million
- Total subscriber base
- 542 million
Heard on business television between 08:24:43 - 08:27:43 IST.
- Gross and net revenues up 11.3% year-on-year
- Margins expanded from 53.3% to 54.1% quarter-on-quarter
- Subscriber additions healthy: 8.7 million QoQ, 35 million YoY, total base at 542 million
- ARPU up 3.5% YoY driven by better subscriber mix and positive seasonality
- Potential triggers flagged: MSCI index inclusion given large market cap, and possible tariff hikes driving ARPU higher
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