Jio ARPU could touch Rs 250 by FY27: Analysts

Reliance Jio’s average revenue per user (ARPU) could reach Rs 250 by FY27 if another round of industry-wide tariff hikes occurs, analysts noted. In Q2FY25, the telecom giant, India’s largest, saw its Arpu increase by 7.4% sequentially to Rs 195.1—the sharpest rise in 10 quarters.

Analysts expect the next round of industry-wide tariff hikes to occur in FY27. Previously, the industry implemented collective tariff increases in November-December 2021 before the latest hikes in July 2024. UBS, in its report, said that the next round of tariff hikes may be prompted by Vi’s need to remain operable.