New Delhi, Jan. 16 -- IPO-bound Jio Platforms reported steady growth in the October-December quarter (Q3FY26) on Friday, maintaining its recent trend of modest sequential gains driven by subscriber additions, home broadband growth, and a shift toward higher-value customers.
Jio Platforms, which houses Reliance Industries Ltd's telecom and digital services business, reported 3.4% sequential and 11.2% year-on-year growth in net profit to Rs.7,629 crore during the quarter.
The company's revenue from operations rose 2.5% quarter-on-quarter and 12.7% year-on-year to Rs.37,262 crore, in-line with the street estimates. Jio said the revenue growth was driven by robust subscriber addition, Arpu growth and scale-up of digital services.
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