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Jio Platforms Sees 13 Percent Increase in Profit in Fiscal Fourth Quarter

Jio Platforms, the telecom and digital arm of Reliance Industries Ltd, has reported a significant increase in profit in the fiscal fourth quarter. The company's net profit rose to Rs 7,935 crore in the three months ended March 31, a growth of 13 percent from Rs 7,022 crore in the year-ago period. This marks a notable improvement from the previous quarter, where the telco's profit stood at Rs 7,629 crore.

Revenue Growth and Organic ARPU Increase

The company's revenue from operations increased by 12.6 percent to Rs 38,259 crore in the quarter from Rs 33,986 crore in the year earlier. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) jumped 17.9 percent to Rs 20,060 crore from Rs 17,016 crore, driven by healthy revenue growth and margin improvement. ARPU (Average Revenue Per User), a key performance indicator, rose to Rs 214 from Rs 206.2 in the preceding third quarter, with higher customer engagement and better subscriber mix partly impacted by the lower number of days in the quarter.

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Key Subscribers and Data Consumption Metrics

Jio reported a stable monthly churn of 1.7 percent, with a net subscriber addition of 9.1 million during the quarter. Per capita data consumption was 42.3 GB per month, with total data traffic growth of about 35% year-over-year during 4Q FY26. The company's total subscriber base grew 7.4 percent year-on-year to reach 524.4 million in the quarter, including 268 million 5G subscribers.

5G and Fixed Broadband Additions

Jio reported strong momentum in 5G and Fixed Broadband additions, with 75 million and ~10 million net additions respectively, during FY26. This growth is a testament to the company's efforts to transform India's digital landscape.

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QuarterRevenue from Operations (Rs crore)EBITDA (Rs crore)
4Q FY2638,25920,060
3Q FY2633,98617,016
4Q FY2533,98617,016

Reliance Industries Chairman's Statement

Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited, expressed his satisfaction with the company's performance, stating that Jio continues to transform India's digital landscape. He noted that the company is advancing steadily towards the listing of Jio Platforms, which will mark a defining milestone in its journey.

Investor Takeaway

Jio Platforms' Q4 profit rises 13% driven by increased ARPU and growth in home broadband and digital services.

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