iWorld

Jio Q4: Profit rises 47.5% to Rs 3,508 crore

ARPU has declined sequentially to Rs 138.20

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/05/01/jio.jpg?itok=rAmWfwHj

KOLKATA: Reliance Industries Ltd’s (RIL) digital, telecom arm Jio Platforms’ net profit rose 47 per cent year-on-year to Rs 3,508 crore in the fourth quarter (Q4) of FY21. Its net profit stood at Rs 2,379 crore in Q4 of FY20.

The company posted Rs 18,278 crore revenue from operations, compared to Rs 15,373 in the corresponding quarter of FY20. However, average revenue per user (ARPU) for the telecom business dropped by 8.5 per cent sequentially to Rs 138.20 as against Rs 151 in the trailing quarter.

“Jio has a highly engaged 426 million customer base and remains committed to enhancing digital experiences not only for our existing customers but, for all individuals, households, and enterprises across the country. With its path defining partnerships over the last couple of years, Jio will continue to strive towards making India a premier digital society," RIL chairman and managing director

Mukesh Ambani said.

Jio’s total customer base stood at 426.2 million at the end of the quarter, adding 15.4 million subscribers in the quarter. Churn reduced during the quarter to 1.26 per cent on the back of focused sales initiatives and reducing Covid impact in parts of the country during the quarter, it added.

Total data traffic, voice traffic during the quarter grew by 5.2 per cent, 5.9 per cent respectively. 

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/25/img_25102021_140811_800_x_800_pixel.jpg?itok=lpTpJFRd
This Diwali, Amazon Prime urges viewers to log out and spend time with family

Mumbai: Amazon Prime Video has launched a unique campaign to celebrate the festive season, urging its customers & fans to reconnect with their loved ones. In a year that saw people turning to streaming platforms like Prime Video as their preferred entertainment destination, the campaign urges...

iWorld e-commerce
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/23/img_23102021_152529_800_x_800_pixel.jpg?itok=PAIvXtZ3
Broadcasters exploiting NTO 2.0 provisions for a-la-carte pricing: Trai

Mumbai: The Telecom Regulatory Authority of India (Trai) on Friday said that some broadcasters are exploiting the freedom given for al-a-carte pricing of TV channels and warned that it will keep a strict watch on the industry and not shy away from acting in the larger interest of consumers and the...

iWorld Telecom
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/23/img_23102021_130924_800_x_800_pixel.jpg?itok=-bvoe354
GUEST COLUMN: Mobile marketing in the OTT landscape: Big opportunity for digital marketers

Mumbai: The rise in both viewership and engagement of over-the-top (OTT) has opened up a world of possibilities for marketers looking for new and better ways to reach their consumers sitting in the comfort of their homes. Recent reports estimate that the OTT segment will grow to approximately $...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/22/img_22102021_144808_800_x_800_pixel.png?itok=rAdZRF9O
Koo rolls out multi-lingual campaign ahead of T20 World Cup

Mumbai: Multi-lingual micro-blogging platform Koo has announced its new campaign #SabseBadaStadium for the upcoming T20 World Cup 2021. Through this campaign, Koo aims to provide an immersive and hyperlocal World Cup experience across a gamut of native Indian languages.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/22/img_22102021_134156_800_x_800_pixel.jpg?itok=6O0otGJl
discovery+ delves into FIFA World Cup scandal in new documentary

Mumbai: Discovery on Friday announced the commission of "The Men Who Sold the World Cup," a compelling two-part film from critically acclaimed directors Daniel DiMauro and Morgan Pehme ("Get Me Roger Stone," "The Swamp"). The film is based on the definitive story of how football’s biggest...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/22/rb.jpg?itok=ftKX5ZBV
Dream11's new campaign for T20 World Cup urges fans to #DreamBig

Fantasy sports platform Dream11 has unveiled its new brand campaign #DreamBig for the ICC Men’s T20 World Cup 2021. Conceptualised and executed by Tilt Brand Solutions and Rehab Films, the campaign films bring to life inspiring.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/22/2.jpg?itok=B6aZdr_i
Sportskeeda gears up for T20 World Cup 2021 coverage

One of the biggest and most exciting cricket tournaments, the ICC Men’s T20 World Cup is here and fans couldn’t be more excited. Sports platform Sportskeeda too, is all geared up with a ton of exclusive content and coverage to add to the World Cup T20 excitement.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/21/img_21102021_173708_800_x_800_pixel.jpg?itok=H3elGGJb
The Walt Disney Co announces Disney+ Day global event on 12 Nov

Mumbai: The Walt Disney Company is set to host Disney+ Day global event on 12 November to celebrate the second anniversary of its streaming service Disney+. The streaming platform will also expand to new Asia-Pacific markets on the day of the event.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/10/21/img_21102021_170411_800_x_800_pixel.jpg?itok=OQ81l7s_
Prime Video announces K-drama slate; brings 10 new titles on the service

Mumbai: Following the success of "Parasite" and "Minari," Amazon Prime Video has launched a Korean content slate to capture the booming interest in Korean dramas (K-dramas) in genres like romance, mystery, thriller, and horror. Starting from 21 October, a repertoire of K-dramas will be available on...

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required