Jio Platforms Q3 Profit Jumps 11% to ₹7,629 Cr, ARPU Rises to ₹213.7

• Jio Platforms reported an 11.2% year-on-year profit increase, reaching ₹7,629 crore in Q3.
• Average Revenue Per User (ARPU) for Jio Platforms rose to ₹213.7, driven by higher customer engagement and promotional offers.
• Revenue from operations grew 12.7% to ₹37,262 crore, while EBITDA increased 16.4% to ₹19,303 crore.
• The company's 5G subscriber base exceeded 250 million, and the fixed broadband user base surpassed 25 million.
• Jio AirFiber, the world's first FWA service, now has over 10 million customers, contributing to a total subscriber base of 515 million.

Why It Matters: Jio Platforms saw significant Q3 growth with an 11% profit rise and increased ARPU, driven by strong subscriber additions.