Jio Platforms net profit up 25.7% in Jan-Mar quarter

RIL’s digital arm Jio Platform on Friday posted a 25.7 per cent increase in profit after tax to Rs 7,022 crore in the last quarter of the 2024-25 financial year mainly on account of growth in average revenue per user.

The company had registered a profit after tax (PAT) of Rs 5,587 crore in the same period a year ago, PTI Reported from New Delhi.

The average revenue per user (ARPU) grew by 13.5 per cent to Rs 206.2 during the March quarter from Rs 181.7 in the March 2024 quarter.

Revenue from operations of Jio Platforms, which includes telecom services firm Reliance Jio, grew by 17.7 per cent to Rs 33,986 crore during the reported quarter from Rs 28,871 crore in the March 2024 quarter.

For the year ended March 31, 2025, Jio’s PAT grew by about 22 per cent to Rs 26,120 crore from Rs 21,434 crore in the year-ago period.

Revenue from operations of Jio Platforms grew by about 17 per cent to Rs 1,28,218 crore in FY25 from Rs 1,09,558 crore in FY24.

“JPL revenue increased by 16.9% Y-o-Y led by higher ARPU on account of tariff revisions for mobility services and improving subscriber mix. Strong growth in home connects and scale-up of digital services also contributed to revenue growth,” the statement said.

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!