Jio Platforms Q3 Net Profit Jumps 11.2% to Rs 7,629 Crore; ARPU Hits Rs 213.7

• Jio Platforms reported an 11.2% increase in Q3 net profit, reaching Rs 7,629 crore, up from Rs 6,861 crore year-on-year.
• Revenue from operations grew 12.7% to Rs 37,262 crore for the quarter ending December 31.
• EBITDA saw a 16.4% rise to Rs 19,303 crore, driven by strong revenue growth.
• Average Revenue Per User (ARPU) increased to Rs 213.7, boosted by higher customer engagement.
• Jio's 5G subscriber base exceeded 253 million, and its total subscriber base reached 515 million; Jio Airfiber surpassed 10 million subscribers globally.

Why It Matters: Jio Platforms achieved significant Q3 growth in profit, revenue, and subscriber base, driven by 5G adoption.