Jio Q1 net profit rises 9% to ₹7,764 crore on subscriber gains and ARPU growth
Reliance Jio posted a 9% YoY rise in net profit to ₹7,764 crore, with revenue up 12% and EBITDA up 15% to ₹20,865 crore. ARPU climbed 3.3% to ₹215.6 as the subscriber base grew 7.1% to 533.3 million. Jio Platforms filed its DRHP with SEBI, signaling an upcoming IPO.
What happened
Reliance Jio Q1 net profit rose 9% YoY to ₹7,764 crore on subscriber gains and ARPU growth. Jio Platforms filed its DRHP with SEBI, signaling an upcoming IPO
Key facts
- net profit ₹7,764 crore up 9% YoY
- revenue up 12%
- EBITDA ₹20,865 crore up 15%
- ARPU ₹215.6 up 3.3%
- subscriber base 533.3 million up 7.1%
- net additions 8.9 million
- True5G subscribers 285 million
- JioAirFiber 14 million
- data traffic 66 billion GB
Why this matters
The DRHP filing with SEBI puts a Jio Platforms IPO firmly on the horizon, reshaping the competitive and capital landscape for Indian telecom and digital services.
What to watch
- SEBI approval and IPO pricing timeline
- Next-quarter ARPU trajectory (target ₹220+)
- Industry tariff hike announcements
- Subscriber net-add trend vs Airtel/Vi
- 5G/AirFiber user conversion metrics
- Monitor Jio Platforms DRHP details for valuation band and use-of-proceeds signaling capex vs deleveraging
- Track Airtel Q1 print for competitive ARPU comparison and subscriber share shifts
- Watch for 5G fixed-wireless (JioAirFiber) monetization disclosures as ARPU lever
- Position for telecom sector re-rating ahead of IPO roadshow