Reliance Industries’ digital arm, Jio Platforms, on Friday, reported a strong rise of 25.7% in its profit after tax (PAT) for the final quarter of the 2024–25 financial year, reaching Rs 7,022 crore, up from Rs 5,587 crore in the corresponding quarter last year.
The company’s average revenue per user (ARPU), also climbed to 13.5% to Rs 206.2 in the March 2025 quarter, as compared to Rs 181.7 over the same quarter a year ago, in March 2024.
The platform saw a major boost in its revenue from operations for the quarter, growing by 17.7% to Rs 33,986 crore, up from Rs 28,871 crore during the same period last year.
For the full financial year ending March 31, 2025, Jio Platforms posted a PAT of Rs 26,120 crore, marking a 22% increase from Rs 21,434 crore in FY24. Annual revenue from operations rose by nearly 17% to Rs 1,28,218 crore, up from Rs 1,09,558 crore the previous year.
In a statement, the company said, “JPL revenue increased by 16.9% Y-o-Y led by higher ARPU on account of tariff revisions for mobility services and improving subscriber mix. Strong growth in home connects and scale-up of digital services also contributed to revenue growth”
Reliance industries also posted a 2.4% rise in its net profit, reaching Rs 19,407 crore for the final quarter of FY25.