Times of India1d ago

Jio Q2 profit jumps 14% to Rs 8,389 crore; revenue up 11.4%

AI Market Summary

Jio Platforms posted 13.7% profit growth and 11.4% revenue growth in its first quarter since listing, with ARPU at 218.8 rupees and 542.4 million subscribers confirming resilient Indian telecom demand. The beat marginally supports sentiment toward Indian equities and the Nifty complex, but macro spillover is contained. Expect stock-specific re-rating rather than broad risk-asset repricing.

Impact level

● Low

Affected assets

NCSINIFTY52USD/USDT+0.06%

AI Insight · NCSINIFTY52USD/USDTAI Insight

▲ Bullish

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Revenue rose 11.4% year on year to Rs 40,475 crore. ARPU increased to Rs 218.8. The user base reached 542.4 million.

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