Reliance Jio Ltd reported its third-quarter results for FY25, exceeding analyst expectations for net profit, revenue, and average revenue per user (ARPU). The telecom arm of Reliance Industries Ltd posted a consolidated net profit of ₹6,861 crore, reflecting a 4.9% quarter-on-quarter growth compared to ₹5,447 crore in Q3 FY24. Revenue from operations increased by 4.3% sequentially to ₹33,074 crore, compared to ₹27,695 crore in the same period last year. Gross revenue rose to ₹38,750 crore in Q3 FY25, up from ₹32,510 crore in Q3 FY24.
Jio’s EBITDA saw an 18.8% rise to ₹16,585 crore in Q3 FY25, up from ₹13,955 crore in the corresponding quarter of FY24. The ARPU grew by 11.22% year-on-year, reaching ₹203.3. Per capita data consumption stood at 32.3 GB per month, while total data traffic grew by 22.0%. Net subscriber additions rebounded to pre-tariff-hike levels, with 3.3 million new customers in Q3 FY25 and monthly churn rates moderating to 2.0%.
Strategic Progress
Jio made significant advancements in driving 5G adoption, with over 170 million subscribers now on its True5G network, accounting for 40% of its wireless traffic. The network incorporates cutting-edge technologies, including Voice over New Radio (VoNR), slice-based management, and energy-efficient bandwidth allocation.
JioAirFiber has expanded broadband connectivity beyond the top 1,000 cities, with over 70% of new additions coming from previously underserved regions. The home broadband segment continues to grow, with Jio’s installed base reaching approximately 17 million.
Jio also launched JioAICloud, offering consumers up to 100 GB of free cloud storage. The service supports a range of AI-powered solutions for both individual and enterprise users, backed by gigawatt-scale AI infrastructure in India.
At the India Mobile Congress 2024, Jio unveiled JioBrain, a Machine Learning platform for seamless operations integration, alongside AI-based offerings such as JioEducation for immersive learning, JioKrishi for agricultural productivity, and JioCloudPC, which transforms TV screens into functional computers.
Also Read:
Reliance Jio Brain Is Here
Leadership Commentary
Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries Limited, expressed pride in Jio’s robust growth, driven by subscriber additions, improved customer engagement, and a favorable subscriber mix. He emphasized Jio’s leadership in home broadband and 5G services, noting the company’s efforts to align with evolving technology trends to deliver top-tier digital experiences.
Akash M. Ambani, Chairman of Reliance Jio Infocomm, highlighted Jio’s pivotal role in digital inclusion and its contributions to the Digital India mission through rapid 5G adoption and broadband expansion. He reaffirmed Jio’s commitment to leveraging AI for transformative technological innovation, ensuring sustained value creation in the years ahead.
