Q4 results: Telecom tariff hike rings in 26% jump in Jio Platforms profit
By
Binu Mathew
Jio Platforms Ltd (JPL), which runs India’s largest mobile network operator Reliance Jio, on Tuesday reported a strong 25.7 per cent year-on-year (Y-o-Y) increase in net profit to ₹7,022 crore for the January-March quarter of 2024-25 (Q4FY25) as a result of a hike in telecom tariffs imposed in early-July 2024. On a sequential basis, the holding company for Jio and other digital businesses of the Reliance group, witnessed its net profit rise by 2.34 per cent.