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The Economic Times

Jio Platforms net profit rises 14% on user mix, digital services

AI Market Summary
Jio Platforms' 14% profit growth, 542 million subscribers and 300 million 5G users signal resilient Indian telecom demand and healthy ARPU expansion. The result supports the post-IPO valuation narrative for India's second-largest listed company and modestly reinforces positive sentiment toward Indian equities and digital infrastructure themes, though its read-through for global assets and crypto is negligible.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-2.40%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Jio Platforms reported net profit of ₹8,387 crore for the September quarter. Its total subscriber base rose to 542 million. ARPU increased to ₹218.8.
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