Latest news with #JioGamesCloud
The Print
19-07-2025
- Business
- The Print
Jio Platforms' Q1 profit rises 25% to Rs 7,110 cr on higher per user revenue
Quarterly Earnings Before Interest, Taxes, Depreciation, and Amortization or EBITDA at Rs 18,135 crore was up 23.9 per cent year-on-year. The Q1FY26 report card of JPL, the entity that houses Reliance Industries' telecom and digital businesses, ticked all the boxes on key metrics, as gross revenue climbed 19 per cent year-on-year (YoY) to Rs 41,054 crore, and margins improved. New Delhi, Jul 18 (PTI) Jio Platforms on Friday reported a net profit of Rs 7,110 crore for the June quarter, a nearly 25 per cent rise over the year-ago period, as its numbers were bolstered by customer adds, improved realisations per user and data traffic growth. Average Revenue Per User – a key monitorable – increased to Rs 208.8 against Rs 206.2 in the March quarter and Rs 181.7 in the June quarter of FY25. The 5G user base crossed the 200-million mark during the quarter and now stands at 213 million as of June 2025. Revenue from operations jumped 19 per cent to Rs 35,032 crore, driven by strong subscriber momentum across mobility and homes, increased customer engagement and growth in the digital services business, according to the earnings statement by parent Reliance Industries. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, said: 'Our digital services business consolidated its market position with a robust financial and operational performance.' Margins rose to 51.8 per cent in the June quarter, with the company attributing the 210 basis point rise to operational leverage and sharp gaze on cost efficiencies. Reliance Jio Infocomm – the telecom unit – posted a 23.2 per cent increase in net profit at Rs 6,711 crore in Q1FY26, while revenue from operations grew 16.6 per cent to Rs 30,882 crore. Akash Ambani, Chairman of Reliance Jio Infocomm, said: 'Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving AI adoption in the country.' Jio ended the quarter with 498 million subscribers, with 9.9 million net additions in Q1FY26. The per capita data consumption stood at 37 GB/month, and total data traffic grew 24 per cent YoY during Q1FY26. 'Strong subscriber addition momentum was driven by continued market share gains in mobility and record home connects,' the company said. JioAirFiber is now the largest FWA (Fixed Wireless Access) service globally with a subscriber base of about 7.4 million, according to the telco. Jio said it has reached the 20 million connected premises mark with fixed broadband. Among the quarter highlights, Jio cited the launch of JioGames Cloud, a cloud gaming platform that allows anyone with a smartphone or a regular laptop/desktop or Jio-STB to play high-end console-quality games without any additional hardware. During the quarter, Jio also introduced JioPC, a next-gen AI ready cloud computer. PTI MBI MBI SHW This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Mint
18-07-2025
- Business
- Mint
Reliance Jio Q1 Results: Net profit rises 25% to ₹7,110 crore; 5G subscriber base tops 200 million
Reliance Jio, the telecom arm of Reliance Industries Ltd, reported a robust set of numbers for the quarter ended June 2025 (Q1FY26). Backed by strong subscriber growth, rising consumption, and sustained digital momentum, the company recorded a substantial 25 percent year-on-year rise in net profit, alongside healthy increases in revenue and operating margin. The results were announced on Friday, July 18. Reliance Jio posted a consolidated net profit of ₹ 7,110 crore for the first quarter of FY26, up nearly 25 percent compared to ₹ 5,698 crore in the corresponding period last year. On a sequential basis, net profit rose 1.2 percent from ₹ 7,022 crore in the March 2025 quarter. Net revenue for the quarter stood at ₹ 41,054 crore, marking an 18.8 percent year-on-year rise from ₹ 34,548 crore in Q1FY25. On a sequential basis, revenue increased by 3 percent from ₹ 39,853 crore in Q4FY25. Jio Platforms Ltd (JPL), the digital services holding company, reported an EBITDA of ₹ 18,135 crore for Q1FY26, up 23.9 percent year-on-year. The EBITDA margin improved by 210 basis points, driven by a mix of higher average revenue per user (ARPU), strong operating leverage, and a focused cost-efficiency strategy. The average revenue per user (ARPU) rose sharply to ₹ 208.8 per subscriber per month, up 14.9 percent from ₹ 181.7 in the year-ago period and higher than ₹ 206.2 reported in the preceding March 2025 quarter (Q4FY25). Reliance Jio's aggressive rollout of 5G services has started to pay dividends, with the company surpassing the 200 million mark in 5G subscriber count during the quarter to 213 million. Additionally, home broadband services under the JioFiber brand also saw significant traction, crossing 20 million connections—a key milestone in the company's fixed-line growth strategy. Reliance Jio added 9.9 million subscribers during the quarter, taking its total subscriber base to around 498 million. Meanwhile, the home broadband segment also continued its growth momentum, crossing 20 million connections—a significant milestone supported by Jio's proprietary technologies and aggressive service expansion. Akash M Ambani, Chairman of Reliance Jio Infocomm, stated, 'We have delivered a milestone quarter at Jio with our 5G and Home subscriber base crossing the 200 million and 20 million marks respectively. Jio continues to bring next-generation services for its users with the launch of JioGames Cloud and JioPC bundle at affordable prices to drive adoption of digital services in India.' One of the key highlights of the quarter was JioAirFiber's emergence as the world's largest Fixed Wireless Access (FWA) service, reaching a subscriber base of 7.4 million. This milestone was achieved using Jio's proprietary Point-to-Multi-Point (P2MP) UBR technology, which delivers fiber-like internet experience at significantly lower costs. The company said this technology helped it achieve an accelerated pace of approximately 1 million home connections per month during the quarter. During the quarter, Jio rolled out several new digital services including JioGames Cloud, a cloud-based gaming platform that allows users to play console-quality games without high-end hardware. Accessible via smartphones, desktops, and Jio Set-Top Boxes (STB), the subscription includes access to over 500 titles. Jio has also bundled voice, SMS, and data into a single plan for gamers, with a separate subscription for non-Jio users. Jio also introduced JioPC, a new product bundle aimed at bringing affordable computing to more users across India. These initiatives are part of the company's ongoing effort to deepen digital engagement across demographics and geographies. Reliance Jio maintained its lead in customer engagement, with per capita data consumption averaging 37 GB per user per month. Data traffic surged to 54.7 billion GB in Q1FY26, a 24 percent jump from 44.1 billion GB in Q1FY25. Voice traffic also increased to 1.49 trillion minutes, reflecting a 4.9 percent rise year-on-year. Monthly churn stood at 1.8 percent, showcasing user stickiness despite market competition.
Business Upturn
18-07-2025
- Business
- Business Upturn
Jio Platforms Q1 Results: Revenue surges 19% YoY to ₹35,032 crore, net profit rises nearly 25% YoY
Jio Platforms Limited, the digital services arm of Reliance Industries, posted a robust performance for the quarter ended June 30, 2025 (Q1 FY26), with strong revenue growth, expanding margins, and milestone achievements in its subscriber base. For Q1 FY26, Jio Platforms' revenue from operations rose by 19% year-on-year (YoY) to ₹35,032 crore, compared to ₹29,449 crore in Q1 FY25. On a consolidated basis, net profit after tax and share of associates and JVs climbed nearly 25% YoY, reaching ₹7,110 crore versus ₹5,693 crore in the same quarter last year. The company's EBITDA increased by 23.9% YoY to ₹18,135 crore, with EBITDA margins improving by 210 basis points YoY to 51.8%, supported by operational efficiencies and scale benefits. Average revenue per user (ARPU) for the quarter stood at ₹208.8, registering a 14.9% increase YoY. Operationally, Jio Platforms added 9.9 million net subscribers during the quarter, taking the total customer base to approximately 498 million. Notably, the company surpassed 200 million 5G subscribers and 20 million home broadband connections, establishing itself as the world's largest fixed wireless access (FWA) service through Jio AirFiber. Data consumption per user also continued to grow, with total data traffic increasing 24% YoY, and per capita consumption at 37 GB per month. On the innovation front, Jio launched JioGames Cloud, a cutting-edge cloud gaming platform, and JioPC, an AI-ready cloud computer that turns any screen into a personal computer, offered via an affordable subscription model. Commenting on the results, Akash Ambani, Chairman of Reliance Jio Infocomm, said: 'We have delivered a milestone quarter at Jio with our 5G and Home subscriber base crossing the 200 million and 20 million marks respectively. Jio continues to bring next-generation services with the launch of JioGames Cloud and JioPC, driving digital adoption in India. Our technology leadership in 5G and broadband positions us to lead the AI revolution in the country.' Jio's relentless subscriber growth, focus on differentiated digital services, and expanding presence in both consumer and enterprise segments underline its strong market leadership and sustained momentum. Disclaimer: All data, statements, and quotes in this article are based on the company's official media release dated July 18, 2025. Neither the author nor Business Upturn is liable for any inaccuracies or interpretations. Investors are advised to rely on official filings and conduct their own due diligence before making any financial decisions. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Economic Times
18-07-2025
- Business
- Economic Times
Jio extends its ‘unlimited offer' with free JioHotstar access. What are the key benefits for its users?
Agencies This is an AI-generated image. After a strong response during the cricket season, Jio has extended its 'Unlimited Offer' this quarter, offering users on Rs 299 and above plans a 90-day free JioHotstar subscription in 4K for TV and mobile, along with a 50-day free trial of JioFiber or AirFiber for home use against a refundable deposit of Rs Platforms reported strong financial and operational performance for the quarter ended June 2025, with EBITDA rising 23.9% year-on-year to ₹18,135 crore. Net profit grew 24.8% to ₹7,110 crore. The company added 9.9 million net subscribers during the quarter, supported by gains in the mobility segment and record additions in home broadband connections. Monthly churn stood at 1.8%, while total subscriber base reached 498.1 million as of June 30, 2025. JioTrue5G users crossed the 200-million mark, reaching 212 million by the end of the quarter. Fixed broadband connections touched nearly 20 million, and JioAirFiber became the world's largest fixed wireless access (FWA) service with 7.4 million also launched JioGames Cloud, a cloud-based gaming platform offering access to over 500 titles across devices without dedicated hardware. Average revenue per user (ARPU) rose to ₹208.7, aided by tariff hikes and seasonal factors. Per capita data usage reached 37 GB/month, with total data traffic up 24% year-on-year to 54.7 billion GB. Free JioHotstar Subscription: All eligible Jio prepaid and postpaid users will get a complimentary JioHotstar subscription under the "Jio Home Unlimited Offer 2025". Who Can Avail the Offer – Prepaid Users: Jio prepaid users who recharge with ₹349 or above plans that include at least 1.5 GB data per day are eligible. Who Can Avail the Offer – Postpaid Users: Jio postpaid users with plans starting from ₹349 per month or more (including new customers or those changing their plan) are eligible. Not Eligible: The offer is not applicable to users of JioBharat, JioPhone, or voice-only value plans. Other Eligibility Conditions: To avail the offer, users must be active Jio prepaid or postpaid subscribers and enrolled in the Jio Prime membership. Offer Validity: The offer is available for a limited time starting from July 1, 2025. The end date will be decided by Jio. Offer Benefits: The benefits will be available during the validity period of the eligible recharge or postpaid plan. Free JioHotstar Access: Jio prepaid and postpaid users on eligible plans can get up to 3 months of complimentary JioHotstar (JHS) subscription in 4K. Eligibility – Prepaid Users: Recharge with ₹349 or above (plans with 1.5 GB/day or more). Recharge within 48 hours of expiry to continue benefits for the 2nd and 3rd months. Prepaid Benefits: Recharge valid for 28–30 days: 1 month JHS. Recharge valid for 28–56 days: 2 months JHS (recharge again within 48 hrs for 3rd). Recharge valid beyond 56 days: 3 months JHS. Eligibility – Postpaid Users: Active postpaid plan of ₹349/month or higher. Valid for new activations or plan changes during the offer period. Eligible postpaid users get full 3-month JHS subscription. Not Eligible: JioBharat, JioPhone, and voice-only value plans. Jio Home WiFi Offer 50-Day Free Home Internet Trial : Eligible Jio prepaid/postpaid users get a free trial of JioFiber or JioAirFiber for 50 days. : Eligible Jio prepaid/postpaid users get a free trial of or for 50 days. Eligibility – Prepaid : New users recharging with ₹349. Existing users recharging with ₹349+ plans (1.5 GB/day or more). ₹100 data add-on recharge is also eligible. : Eligibility – Postpaid : Active monthly plan of ₹349 or above. ₹100 data add-on recharge also qualifies. : Upfront Payment : ₹500 refundable deposit, returned as five ₹100 vouchers after 6 months (one voucher redeemable at a time). : ₹500 refundable deposit, returned as five ₹100 vouchers after 6 months (one voucher redeemable at a time). How to Avail : Express interest via MyJio app or . Offer activation is on a first-come, first-served basis and subject to technical feasibility. : Post Offer : After 50 days, users will be auto-migrated to the ₹599 JioFiber/JioAirFiber postpaid plan. :
Mint
18-07-2025
- Business
- Mint
Reliance Jio Q1 Results: Net profit rises 25% to ₹7,110 crore; ARPU rises 14.9% to ₹208.8
Reliance Jio, the telecom arm of Reliance Industries Ltd, reported a robust set of numbers for the quarter ended June 2025 (Q1FY26). Backed by strong subscriber growth, rising consumption, and sustained digital momentum, the company recorded a substantial 25 percent year-on-year rise in net profit, alongside healthy increases in revenue and operating margin. The results were announced on Friday, July 18. Reliance Jio posted a consolidated net profit of ₹ 7,110 crore for the first quarter of FY26, up nearly 25 percent compared to ₹ 5,698 crore in the corresponding period last year. On a sequential basis, net profit rose 1.2 percent from ₹ 7,022 crore in the March 2025 quarter. Net revenue for the quarter stood at ₹ 41,054 crore, marking an 18.8 percent year-on-year rise from ₹ 34,548 crore in Q1FY25. On a sequential basis, revenue increased by 3 percent from ₹ 39,853 crore in Q4FY25. Jio Platforms Ltd (JPL), the digital services holding company, reported an EBITDA of ₹ 18,135 crore for Q1FY26, up 23.9 percent year-on-year. The EBITDA margin improved by 210 basis points, driven by a mix of higher average revenue per user (ARPU), strong operating leverage, and a focused cost-efficiency strategy. The average revenue per user (ARPU) rose sharply to ₹ 208.8 per subscriber per month, up 14.9 percent from ₹ 181.7 in the year-ago period and higher than ₹ 206.2 reported in the preceding March 2025 quarter (Q4FY25). Reliance Jio's aggressive rollout of 5G services has started to pay dividends, with the company surpassing the 200 million mark in 5G subscriber count during the quarter to 213 million. Additionally, home broadband services under the JioFiber brand also saw significant traction, crossing 20 million connections—a key milestone in the company's fixed-line growth strategy. Reliance Jio added 9.9 million subscribers during the quarter, taking its total subscriber base to around 498 million. Meanwhile, the home broadband segment also continued its growth momentum, crossing 20 million connections—a significant milestone supported by Jio's proprietary technologies and aggressive service expansion. Akash M Ambani, Chairman of Reliance Jio Infocomm, stated, 'We have delivered a milestone quarter at Jio with our 5G and Home subscriber base crossing the 200 million and 20 million marks respectively. Jio continues to bring next-generation services for its users with the launch of JioGames Cloud and JioPC bundle at affordable prices to drive adoption of digital services in India.' One of the key highlights of the quarter was JioAirFiber's emergence as the world's largest Fixed Wireless Access (FWA) service, reaching a subscriber base of 7.4 million. This milestone was achieved using Jio's proprietary Point-to-Multi-Point (P2MP) UBR technology, which delivers fiber-like internet experience at significantly lower costs. The company said this technology helped it achieve an accelerated pace of approximately 1 million home connections per month during the quarter. During the quarter, Jio rolled out several new digital services including JioGames Cloud, a cloud-based gaming platform that allows users to play console-quality games without high-end hardware. Accessible via smartphones, desktops, and Jio Set-Top Boxes (STB), the subscription includes access to over 500 titles. Jio has also bundled voice, SMS, and data into a single plan for gamers, with a separate subscription for non-Jio users. Jio also introduced JioPC, a new product bundle aimed at bringing affordable computing to more users across India. These initiatives are part of the company's ongoing effort to deepen digital engagement across demographics and geographies. Reliance Jio maintained its lead in customer engagement, with per capita data consumption averaging 37 GB per user per month. Data traffic surged to 54.7 billion GB in Q1FY26, a 24 percent jump from 44.1 billion GB in Q1FY25. Voice traffic also increased to 1.49 trillion minutes, reflecting a 4.9 percent rise year-on-year. Monthly churn stood at 1.8 percent, showcasing user stickiness despite market competition. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
