Reliance Jio reports INR 12,537 Cr profit in FY21; ARPU falls to INR 138
Shortpedia
Content Team
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Reliance Jio Platforms has reported a net profit of INR 12,537 Cr ($1.7 Bn) in the financial year 2021, with operating revenue reaching INR 73,503 Cr ($9.9 Bn). The total value of services provided for the year reached INR 86,493 Cr ($11 Bn), while the company’s average revenue per user (ARPU) declined nearly 8% from INR 151 ($2) in the third quarter of FY21 to INR 138.9 ($1.88) in Q4 of FY21.
