NEW DELHI: Jio Platforms on Friday posted a web profit of Rs 3,508 crore for the fourth quarter ended March 2021, a 47.5 per cent leap over the year-ago interval, in accordance to an organization assertion.
Its income from operations got here in at Rs 18,278 crore, a progress of about 19 per cent in contrast to the corresponding interval of the earlier 12 months.
The firm stated its whole buyer base as on March 31, 2021 stood at 42.62 crore.
During the quarter, Jio’s Average Revenue Per User (ARPU) — a key metrics for telcos — was at Rs 138.2 per, decrease than Rs 151 clocked in December quarter.
“ARPU for Q4FY21 was Rs 138.2, with sequential decline driven by transition from Interconnect Usage Charges (IUC) to Bill and Keep regime effective 1st January 2021, and lower number of days during the quarter,” the corporate stated in a press release.
Mukesh D Ambani, Chairman and Managing Director, Reliance Industries, stated: “Jio has a highly engaged 426 million customer base and remains committed to enhancing digital experiences not only for our existing customers but, for all individuals, households, and enterprises across the country. With its path defining partnerships over the last couple of years, Jio will continue to strive towards making India a premier digital society.”
Ambani famous that Covid has introduced forth new challenges for the nation, and added that Jio’s on-the-ground groups are working tirelessly to tackle all points for guaranteeing seamless customer support.
JPL (Jio Platforms) closed its first full 12 months of operations with income and EBITDA of Rs 73,503 crore and Rs 32,359 crore, respectively, regardless of Covid-related challenges, the assertion added. For the total 12 months FY21, the web profit was at Rs 12,537 crore.
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