New Delhi, July 18 -- Reliance Jio reported a surge in average revenue per user for the April-June quarter, boosted by strong subscriber growthacross mobile and home broadband and increased data consumption on the network.
Jio Platforms Ltd, which houses Reliance Industries Ltd's telecom and digital services business, reported a 1.2% sequential growth in consolidated net profit to Rs.7,110 crore for the June quarter. Consolidated revenue from operations rose 3.07% sequentially to Rs.35,032 crore.
On a year-on-year basis, Jio Platforms clocked a 19% revenue growth and a 25% increase in net profit for the quarter ended June.
Reliance Jio is India's largest telecom operator by market share and a subsidiary of Jio Platforms, accounting for...
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