Jio Platforms has reported robust growth in Q3 FY25, with revenue rising 19.2 percent to $4,526 million (₹33,074 crore).
EBITDA of Jio Platforms has increased 18.8 percent to reach ₹16,585 crore. Net profit of Jio Platforms grew 26 percent to ₹6,861 crore during October-December 2024.
Akash M Ambani, Chairman of Reliance Jio Infocomm, said, “Scale up of 5G adoption and proliferating fixed broadband beyond Tier1 towns over the past year, further strengthens the Digital India mission. Jio will continue to lead the charge in technology innovation by fully embracing the power of AI to create a connected, intelligent future that is truly transformative.”
The subscriber base of Jio Platforms grew to 482.1 million, reflecting a 2.4 percent increase, with 3.3 million net additions during the quarter.
Jio True5G, now accounting for 40 percent of wireless traffic (~15 exabytes), expanded to 170 million subscribers, leveraging advanced technologies like VoNR certification and need-based bandwidth allocation. Pan India network and improvement in device availability has contributed to the growth of 5G subscribers at Jio.
Jio network has attracted ~70 percent of the incremental 5G devices sold in India. Jio has dominated the global standalone 5G market outside China. Jio does not reveal its investment in network to beef up 5G presence.
Data traffic of Jio Platforms grew 22.2 percent year-on-year to 46.5 billion GB, with per capita monthly consumption reaching 32.3 GB. ARPU rose to ₹203.3, driven by the impact of the July 2024 tariff hike and an improved subscriber mix.
JioAirFiber achieved a subscriber base of 4.5 million, driving record home connections of ~2 million.
The total fixed broadband base of Jio Platforms rose to ~17 million. Notably, 70 percent of new AirFiber connections originated beyond the top 1,000 towns.
Baburajan Kizhakedath
