New Delhi, Oct. 17 -- IPO-bound Jio Platforms on Friday reported a steady growth in the July-September quarter, powered by a growing user base, strong demand for home broadband, and a shift toward higher-value customers.

Jio Platforms, which houses Reliance Industries Ltd's telecom and digital services business, reported a 3.7% sequential and 12.8% YoY (year-on-year) growth in net profit to Rs.7,375 crore during the quarter.

The company's revenue from operations rose 3.71% QoQ (quarter-on-quarter) and 14.6% YoY to Rs.36,332 crore, beating the street estimates.

In the June quarter, the company's revenues grew 3.07% sequentially and 19% YoY to Rs.35,032 crore. The company clocked a net profit of Rs.7,110 crore in the preceding quarter, w...