Reliance Jio Reports Strong Q1 Profits

Reliance Jio's Q1 results show a significant net profit increase of 12.1% QoQ, reaching ₹5,445 crore. This growth is driven by a rise in revenue, now at ₹24,042 crore, thanks to higher data consumption and new customer additions. The average revenue per user (ARPU) also improved to ₹180.5. Jio's subscriber base grew to 448.5 million, reflecting its robust market position. The company's focus on expanding its 5G network and digital services continues to bolster its performance, promising further growth in the competitive telecom sector.



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