Business

Reliance Jio Q2: Net profit up 12%; revenue growth at 5.6%

Updated : October 30, 2020 08:47 PM IST

The revenue growth is a little lower than Bharti Airtel which grew at 7.4 percent in the same period.

The telecom giant has reported ARPU Rs 145 which is up 4.28% versus Q1.

Reliance Jio has reported its second-quarter numbers. RIL's telecom & digital subsidiary's net profit rose 12.9 percent to Rs 2,844 crore from Rs 2,520 crore while revenue reported a growth of 5.6 percent to Rs 17,481 crore from Rs 16,557 crore when compared quarterly.

	Q4FY19	Q1FY20	Q2FY20	Q3FY20	Q4FY20	Q1FY21	Q2FY21
PAT (Rs cr)	840	891	990	1350	2331	2520	2844
PAT QOQ %	1.1%	6.1%	11.10%	36.40%	72.70%	8.10%	12.86%

Jio	Q4FY19	Q1FY20	Q2FY20	Q3FY20	Q4FY20	Q1FY21	Q2FY21
Rev (Rs cr)	11106	11679	12354	13968	14835	16557	17481
Rev QOQ %	7.0%	5.16%	5.80%	13.06%	6.21%	11.60%	5.58%

When compared to its peers, the revenue growth is a little lower than Bharti Airtel which grew at 7.4 percent. VI (Vodafone India) grew 1.2 percent in the same period.

The telecom giant has reported an ARPU (average revenue per user) at Rs 145 which is up 4.28 percent versus Rs 140 in the previous quarter.

The customer base now stands at 405.6 million subscribers with an addition of 7.3 million in the reported quarter.

The per capita wireless usage is approximately at 12 GB and 776 mins per month.

Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.

Reliance Jio Q2: Net profit up 12%; revenue growth at 5.6%

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