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Jio Platforms shares get 3 Buy calls on Day 1 as Nomura, Motilal and Elara initiate coverage. Check target priceJio Platforms debuted at a 21.36% premium to its IPO price on Wednesday, while Nomura, Motilal Oswal and Elara Capital initiated coverage w...
Telcos may log modest revenue growth in Q2 on subscriber upgradesTelecom operators are poised for sequential revenue growth of 0.8%-2.4% in the September quarter, driven by subscriber upgrades and an addi...
Jio net profit surges 26% to Rs 7,000 crore on tariff hikes, user gainsJio Platforms reported a 26% increase in fiscal fourth-quarter net profit, driven by tariff hikes and a growing subscriber base. The compan...
Surge in tariff, users and data lifts Jio net up 26%The rate hikes partly helped Jio grow average revenue per user(ARPU) 4.2% on-quarter to ₹203.3. But the full beneficial impact of the price...
Surge in tariff, users and data lifts Jio Net up 26%Jio Platforms reported a 26% rise in net profit for the fiscal third quarter, driven by tariff hikes, subscriber additions, and data usage ...
Jio Platforms reports 26% net profit growth in Q3 driven by tariff hikes and subscriber increasesJio Platforms Ltd reported a 25.95% rise in net profit for the third quarter, driven by tariff hikes, new subscriber additions, and strong ...
Jio net profit up 12% YoY in Q1FY25, marginally misses estimatesReliance Jio, a subsidiary of Jio Platforms Limited, reported an 11.9% year-on-year increase in net profit for Q1 FY25, reaching Rs 5,445 c...
Jio Platforms Q4 Results: Net profit zooms 12% YoY to Rs 5583 croreJPL's Q4 net profit increased by 12%. For the January-March period, JPL's consolidated net profit rose to Rs 5583 crore from Rs 4984 crore ...
Reliance Jio Q3 Results: Net profit rises 12% YoY to Rs 5,208 croreQuarterly ARPU (average revenue per user), a key performance metric, though, remained flat sequentially at Rs 181.7 for India’s largest tel...
Jio Platforms Q1 net profit grows 12.5%, higher costs a drag on telecom verticalFor the April-June 2023 quarter, JPL's consolidated net profit rose to ₹5,098 crore from ₹4,984 crore from the January-March period and ₹4,...
Jio Platforms net profit up 12.5% in Q1Jio Platform Ltd's fourth-quarter net profit rose 12.5% from a year earlier, to Rs 5,098 crore, helped by an increase in average revenue pe...
Jio Platforms net profit up 15.6% in March quarterFor the January-March quarter, JPL's consolidated net profit rose to Rs 4,984 crore from Rs 4,313 crore in the fourth quarter a year earlie...
Jio Platform Q3 Results: PAT up 28.6% YoY on lower lower spectrum usage chargesJPL, established in October 2019, houses Reliance Jio Infocomm, the largest telecom service provider in the country, and other digital prop...
Reliance Jio Q2 Results: Cons PAT rises 27% YoY to Rs 4,729 croreReliance Jio Infocomm added 7.7m users to its 4G network in the past quarter, taking its subscriber base to 427.6 m as on September 30
Jio Platforms' Q1 profit gets a 24% boost from tariff hikesFor the April-June quarter, JPL's consolidated net profit stood at ₹4,530 crore from ₹4,313 crore in the January-March quarter and ₹3,651 c...
Reliance Jio Q1 Results: Net profit up 24% YoY, ARPU rises to Rs 175.7For the June quarter, JPL’s consolidated net profit stood at Rs 4530 crore compared to Rs 4, 313 crore in the March quarter and Rs 3651 cro...
Jio Platforms' net profit rises 45% on the back of new subscribers and higher data usageNet subscriber additions for JPL continued to be strong with 14.4 million in the just-ended quarter. Jio ended April-June with 440.6 millio...
Jio Platforms Q1 results: Net profit rises 45% YoY to Rs 3,651 cr; Arpu flat at Rs 138.4For the fiscal first quarter, JPL’s consolidated net profit stood at Rs 3,651 crore compared with Rs 3510 crore at March-end, and Rs 2,519 ...
Jio Platforms Q4 net profit up 47.5% on yr; Jio ARPU drops to Rs 138.2JPL, established in October 2019 as a wholly-owned unit of RIL, houses Mukesh Ambani-owned group’s telecom business under Reliance Jio Info...
Reliance Jio Q3 results: Net profit up 15.5% on qtr; user churn rose due to "malicious" campaignNet mobile subscriber additions slowed to 5.2 million after users left the network due to what the company called “recent malicious and mot...