Reliance Jio Platforms Limited has released its consolidated financial results for the quarter ended (QE) and year ended March 31, 2025. The company reported a net profit of Rs 70.22 billion during the reported quarter as compared to Rs 55.87 billion for QE December 31, 2024, representing a 25.7 per cent year on year (YoY) increase. For the year ended March 31, 2025, the company reported a net profit of Rs 261.20 billion, a 21.8 per cent YoY increase from Rs 214.34 billion recorded in the previous year. Its revenue from operations rose to Rs 339.86 billion during the quarter under consideration compared with Rs 288.71 billion as of March 31, 2024. For the year ended March 2025, the revenue from operations was recorded at Rs 1.28 trillion as compared to Rs 1.09 trillion in the previous year.
As per the company, average revenue per user (ARPU) increased sequentially to Rs 206.2 as compared to Rs 181.7 as of March 31, 2024, due tariff hike and better subscriber mix partly impacted by lower number of days in the quarter. Customer base for the same period saw an increase, reaching 488.2 million as of March 31, 2025, compared to 481.8 million as of March 31, 2024. In addition, earnings before interest, tax, depreciation, and amortisation (EBITDA) increased to Rs 170.16 billion as compared to Rs 143.60 billion as of March 31, 2024, due to revenue growth and margin improvements. For the full year, EBITDA witnessed a 16.75 per cent increase, reaching Rs 641.70 billion from Rs 549.59 billion in the previous year.
Commenting on the results, Akash M Ambani, chairman, Reliance Jio Infocomm Limited, said, “Jio continues to drive consistent outperformance in customer engagement with best-in-the-world network technologies and a wide bouquet of digital services for all Indians. Jio is proud to have served millions of users at world’s largest congregation of people, the Mahakumbh mela where its network scalability and flexibility was well demonstrated. Jio is working on enabling large scale artificial intelligence (AI) infrastructure and services that will add an intelligence layer to all Jio services.”
