Jio Platforms yesterday reported a 13 per cent rise in profit after tax (PAT) to Rs 7,935 crore for the March quarter, supported by growth in its subscriber base and improved average revenue per user (ARPU), according to a filing by Reliance Industries Limited.
The strong quarterly performance was attributed to higher customer engagement across services, which helped boost monetisation and sustain momentum in the company’s digital ecosystem. Jio Platforms continues to benefit from increasing data consumption and a broader push towards digital adoption across the country.
Commenting on the results, Mukesh D Ambani, Chairman and Managing Director of Reliance Industries Limited, said the company remains focused on transforming India’s digital landscape. He also indicated progress towards a significant milestone, noting that Jio Platforms is steadily advancing towards a potential listing.
Ambani described the proposed listing as a defining step in the company’s journey, as it continues to scale operations and deepen its contribution to India’s digital future. The development is expected to be closely watched by investors, given Jio Platforms’ central role in the country’s telecom and digital services growth story.
The quarterly results reinforce Jio Platforms’ position as a key driver of Reliance’s digital ambitions, with sustained user growth and rising engagement underpinning its financial performance.
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