Profits of Reliance Jio

The Profits of Reliance Jio - Reliance Jio Q4 results

JIO Platforms (JPL) earned a net profit of Rs 3,506 crore for the quarter ended March 31, 2021, compared to Rs 2,37379 crore in the same quarter last fiscal. This translates into a 47.5 percent year-over-year profit for the fourth quarter of the fiscal year 2020-21. JPL's net profit for the fiscal year 201 F-1Y was 12,537. Crores of rupees.

The Profits of Reliance Jio - Reliance Jio Q4 results
Profits of Reliance Jio


"Despite the challenges related to Kovid, JPL has closed its first full year activities with revenue of Rs 3,503 crore and Rs 32,359 crore, respectively, and EBITDA. "The agency said.


JPL posted an average revenue per user (ARPU) of Rs 138.2 per quarter for the quarter. The company said it had exited the financial institution with a 216 million customer base and 31 million users with a Q4 Gross addition.


The consolidated revenue from management stood at Rs 18,278 crore, the agency said. "Quarterly JPL operating income was Rs 18,278 crore, declining due to transfer to Bill & Keep Regiment and fewer days in the quarter. Operating revenue-like growth Q4 FY21 had 30% YoY. It has raised YOY to 4.9.9% to Rs 8,573 crore, ”it said.


JPLT was established in October 2012 as a wholly-owned unit of Reliance Industries. These include RIL's telecom business, Reliance Jio Infocomm and other digital assets and investments.


JIO grew by 26.7 per cent of total data traffic during the quarter to Rs 1,668 crore and annual voice traffic growth of 103,290 crore minutes by 17.9 per cent. "During the 4Q FY21, the average data consumption per user per month was strong at 13.3 GB and the average voice consumption per month was 823 minutes per user," it said.


JIO Platforms (JPL) earned a net profit of Rs 3,506 crore for the quarter ended March 31, 2021, compared to Rs 2,37379 crore in the same quarter last fiscal. This translates into a 47.5 percent year-over-year profit for the fourth quarter of fiscal year 2020-21. JPL's net profit for the fiscal year 201 F-1Y was 12,537. Crores of rupees.


"Despite the challenges related to Covid, JPL has closed its first full year activities with revenue of Rs 3,503 crore and Rs 32,359 crore, respectively, and EBITDA. "The agency said.


JPL posted an average revenue per user (ARPU) of Rs 138.2 per quarter for the quarter. The company said it had exited the financial institution with a 216 million customer base and 31 million users with a Q4 Gross addition.


The consolidated revenue from management stood at Rs 18,278 crore, the agency said. "Quarterly JPL operating income was Rs 18,278 crore, declining due to transfer to Bill & Keep Regiment and fewer days in the quarter. Operating revenue-like-growth Q4 FY21 had 30% YoY. It has raised YOY to 4.9.9% to Rs 8,573 crore, ”it said.


JPLT was established in October 2012 as a wholly owned unit of Reliance Industries. These include RIL's telecom business, Reliance Jio Infocomm and other digital assets and investments.


JIO grew by 26.7 per cent of total data traffic during the quarter to Rs 1,668 crore and annual voice traffic growth of 103,290 crore minutes by 17.9 per cent. "During the 4Q FY21, the average data consumption per user per month was strong at 13.3 GB and the average voice consumption per month was 823 minutes per user," it said.


"JIO has a very busy 426 million customer base and is committed to enhancing the digital experience not just for our existing customers, but for all individuals, families and enterprises across the country. Continue to build India as a premier digital society. "JIO's on-ground team is working tirelessly to address all issues to ensure uninterrupted customer service. The focus is on making life easier for all our citizens while ensuring the safety of our employees and partners through our digital solutions," said Mukesh Ambani.


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